Hello all, my first post here. Tried searching but couldn't come up with the answer I was looking for. First im looking for an opinion on the legality of my late fee clause pertaining to charging a 5% late fee for 1) ...

Hello! I am currently 33 years old and most of my investments are in the S&P 500 as well as other index funds. I am considering selling some of my stock (between $50k and $100k) to put a down payment on a rental p...

The end of the 1031 exchange.... It's a statement that seems more fit on a sandwich board sign wandering a street corner right next to "the end is nigh" yet, here we are in a living reality where it was not only spoke...

Hello BP! I've been searching for the better part of 5 hours for this answer but am coming up empty, so here I am creating my first real BP thread.

Here's the situation I'm in. I own a condo that I intend to rent out...

Hey, y'all - I'm wondering if anyone could give me an idea of what the options are when it comes to private money lenders. I have a few people who are willing to become PMLs. My questions surround the setup surroundin...

I hear  many lenders require the borrower to pre sign a quit Claim deed when they fund the loan.. with the proviso if the loan goes 30 days delinquent that the lender will just file the QC and wipe out the borrower wi...

Hi,
Can you all tell me what the normal procedures are when you work with a GC?
1) Do you pay something like 1/3 up front, 1/3 half way through and 1/3 when project is finished?
2) Do you get in writing a list of ever...

I just got off the phone with a Realtor whom I told I have Proof of Funds for a REO property. He asked me was it an FHA loan, and I said "no, it's transactional funding". He didn't know what I was talking about, and...

Hey all, thanks in advance for your generous contributions to my knowledge by answering my questions.I am a looking to make my first out-of-state turnkey rental property investment and I'd like to hear about your warn...