I spoke with my attorney this afternoon, and he told me that Illinois is about the pass laws that will "crack down" on self directed IRAs and require private lenders to be certified. Has anyone else heard about this?
Hello all Where is the best place to invest in Florida right now? For short term rentals (Air bnb) with a max budget of 160k. Thoughts on Miami, Ft. Lauderdale, Tampa or Orlando.. Open to any other suggestions. T...
Hi! I am looking to raise capital from some family / friends for my real estate lending business. I am an unlicensed hard money lender (legal in my jurisdiction - no broker license needed for non-owner occupied) and h...
Hello everyone,We need help ASAP! Wife and I are supposed to be closing on a house 6/4 here in Frisco TX. We are the buyers and it is being sold by a relocation company. We just got offered a dream job that would move...
I live in Louisville, KY and they ( the city) just recently started to require all rental properties to be registered with the city. I have spoken with a few other landlords and no one really knows the purpose. Its ...
A four unit quad-plex, built in early 1900, renovated/updated over the years. Each is 2BR/1BA, about 850sq ft each. Utilities are separately metered, owner pays for water/sewage/trash. Monthly rent per unit is $525. A...
I'm an experienced landlord and this is a first.
I'm hoping to receive some feedback on my decision.
A potential renter from out of town who saw our ad on Zillow asked me to email them a copy of our lease. After I...
I understand you can get a mortgage that's backed by the government for up to 10 sfh/residential rentals (each one up to a quadplex).
What financing is available after your first 10 rentals? What's the phrase for ...
Hello BP community! I'm Tonya From Texas. Brand new and excited to learn all I can. Came across this site by reading Real Estate Wholesaling by David Rundle. Hoping to start building wealth for the next generation wit...
The Proposed Regulatory Prudential Standards for Non-Bank Mortgage Servicers put out by the CSBS could put all small lenders who are financing purchases of manufactured homes out of business in states that adapt these...