![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/808331/small_1694608965-avatar-timwell.jpg?twic=v1/output=image&v=2)
I'm in Illinois should that help anyone. I'm not asking about any laws or legal advice. I happened to run into a perfect short sale situation on a pre-foreclosure property, similar to the SS deal l did 5-years ago. It...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/17210/small_1621359604-avatar-eric3.jpg?twic=v1/output=image&v=2)
Despite being a part time hard money lender I am afraid I know little about buying and selling existing notes and it is an area I am curious about. I have been reading Lorelei's Legal Lessons which though it is 15 ye...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/4652/small_1621347099-avatar-ericgfx01.jpg?twic=v1/output=image&v=2)
Okay so I used to be pretty smart. Or so I thought. But it's been a while since I've done anything remotely "active" in the property investment world. I have been renting out a few places as a sole proprietor that jus...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/416400/small_1621450206-avatar-tiffanyw14.jpg?twic=v1/output=image&v=2)
Hello! I was looking for some advice and possibly some guidance. I had a very friendly relationship with an elderly woman I used to live next door to. But she was very private and was rarely seen. She passed away over...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/901/small_1694646968-avatar-tc.jpg?twic=v1/output=image&v=2)
Guess I will throw this out here.. Just looking for opinions. Purely hypothetical situation, but could possible help some people out. Being a former cop, I always look for loop holes in policy, procedures and the law ...
Is it legal to raise funds for an apartment building? or do i need to be a syndicated investor.My plan is to get a commercial loan, and partner up with multiple people for the 20% down payment...Now, Not that i would....
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1945003/small_1621516890-avatar-jessicadean6204.jpg?twic=v1/output=image&v=2)
I didn’t expect to acquire more than one investment property, therefor it wasn’t necessary to create an LLC. Now that we have 3 properties and want to continue to grow, I would like to transfer investments into our Bu...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1425618/small_1621512181-avatar-jamess784.jpg?twic=v1/output=image&v=2)
I'm new to the landlording world and had a question about denying applicants. I recently put my duplex up for rent and have received many applications. I received an applicant who passes all the criteria and if everyt...
Here is a radical idea for those with large unused capital losses--marry someone that will be generating a capital gain either thru the sale of their business or investments or a capital gain that will be passed out t...
I have typically paid a vendor to search for liens, mortgages and other encumbrances on properties I’m looking to acquire...but it can get pricey when a lot of properties are being considered. Also I found out the har...