Richard Fulgium
Wholesaling Bank Owned Properties in Oklahoma
I am new to wholesaling. I just read a thread reference assigning a purchase contract from a REO. Am I correct that the only legal way to do an assignment is via a double closing? Thanks!
Zac Kucharek
Starting LLC questions - 1 or 2 member LLC
1 or 2 members for LLC for spouses when loan/title are under both spouse names:—————————————————————- Hello,I am starting an LLC and have some general questions. I am using the LLC mainly to shield liability from the ...
Dmitriy Fomichenko
Self-Directed Solo 401k for Real Estate Investors – Q&A
Over the years I’ve seen many questions here on BiggerPockets forum related to various aspects of using self-directed Solo 401k real estate investing. But the challenge is that those questions are spread out across pr...
Maximo Dejesus
Possible subto with a deceased borrower on loan. Can this be done?
Pre foreclosure lead in Orlando. Original owner passed away about 3 yrs ago. Daughter now lives on property. Currently has an open case w/bank. Siblings have passed away and based on what she told me there is just one...
David Jayne
RETIREMENT FUNDS FOR RE INVESTMENTS
I was listening to a recent podcast, and the guest indicated he would advise liquidating IRA/401(k) acounts, transferring to a solo 401(k) and then investing in discounted real estate notes. He also advocated not...
Rich Hupper
Sub 2 Deal in a Title Theory State.
Hi BiggerpocketsI am trying to better understand the concept of title and the bundle of rights that come with real property.Lets say we have a sub 2 deal in a title theory state. The owner of the property is highly mo...
Account Closed
Transfer Taxes on Double Closing
How many Wholesalers doing Double Closings are paying the Real Estate Transfer Taxes?These can be quite expensive in some places. For instance The State of Pennsylvania charges 1% of the sales price and the munici...
Account Closed
SEC Rules for Raising Money Through Syndication
Hey BP,
I was recently listening to the awesome interview that's in the BP blog that @Douglas Dowell did with securities attorney and syndicator Gene Trowbridge. It was full of some great i...
Curt Smith
Land-Home business turn around input? all CFD and non Dodd Frank compliant
Hi MHP/mobile folks. I'm looking to buy a 50+ mobile home park in GA this year. Along the way a broker presented a large land-mobile home deal, around 50 or more land-homes. A land-home operator is similar to a lot...
Samuel Ksiazkieicz
Michael Quarles? Anyone worked with him?
I have followed Michael Quarles' posts on other websites and I like a lot of what I read. I am not a huge proponent of mentors but at the same time, my free time/study time is very limited with my job and he offers a...