We are three days away from closing (obviously won’t be closing on time) and I just got word that I, as the buyers agent and one of the buyers can’t be on the title if we wanted to get the loan through Wells Fargo.
M...

I have a guy wanting some cash. He proposed the following:1.We get blanket loan of $150,000 - $200,000, net out 2 pts up front, 12% interest from day received at title2.Money is in title company and interest starts da...

Longtime lurker, first post. Thanks to the BiggerPockets community for all the invaluable advice -- it's helped me personally and professionally for many years.

Here's my question: This year my wages at my non-real...

So I’m trying to buy a rental unit with 15yr loan and I tell my realtor I’m trying to get a better rate on my loan. He proceeds to say “ why are you worried about the rate, it’s a write off “. This comment really worr...

I'm setting up a new rental (large SFR with backyard) in Cozy and can't decide if I should allow pets or not. My current tenants don't have pets, so it didn't come up previously, but with the new listing I'm leaning t...

Hey BP Community,I am looking to purchase a few properties in the 60-80K dollar range. After taking Brandon's 90 day challenge I kicked it into gear and set up my LLC and I'm ready to put down 20-25% on these properti...

IS WHOLESALING ILLEGAL IN ILLINOIS?The Real Estate License Act of 2000, 225 ILCS 454/1-1, et seq., and its accompanyingregulations, 68 Ill.Admin. Code pt. 1450, govern the business of real estate brokerage in Illinois...

I'm new to this kind of real estate, was trying to do some research but still not able to get the difference. Like, after Targeted hold period - what happens? You get money back? Or if you want to get your money back ...

Wow! Our last poll had over 700 responses! Because I think the last poll generated a ton of interest, I'm going to start doing this regularly until someone stops me or I run out of questions to ask :) This week, the p...