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Hi–I'm in contract on 4plex in northern California. After checking the Megan's Law website, I found that one of the tenants is a registered sex offender. Their offense was in 1994 and they have been in the property, a...
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Most agents won't do assignments only because they don't know about them or they think they are illegal why?
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I know that license law and regulations vary from state to state but in general terms, they are all about the same (obviously there are at the national level) but I need some clarification. I am looking to consult wi...
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Hello BP, is there any problems with taking a personal line of credit out and seasoning it in your bank account for a few months then using it for a down payment and rehab?
Example : I take 50k out on a personal line...
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Do I need to disclose I am an agent if I am wholesaling properties to buy and sell to investors?
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I have done several Short Sales for friends, family and referrals and now I'm wanting to market and bring in short sale leads. I have read many posts here as well as blogs found on the web about short sales. I was t...
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I know this topic is all over BP, but I'm a little unclear on one of the main downsides people point to when it comes to being licensed, which is liability and disclosure. What specifically is so bad about having to d...
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My wife and I have purchased our first investment property. A family member would like to form an LLC with us.
The plan is that the LLC gets a loan (with 30% down) and buys the house from my wife and I. We use the pr...
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I’ve been reading a lot on the forum about wholesaling and it seems to be a very divisive topic. So I wanted to ask specifically about the legalities of wholesaling in Texas, is it legal? If so, what would need to be ...
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Hi everyone. I'd love some advice/help. We have been flipping foreclosures in Tennessee for several years now and last week joined Investor Carrot and set up our first website (coffeecountyhomebuyers.com). My husband...