Cecil Little Jr
Best lenders for self employed
Hello BP Family,I am new to real estate investing and I am looking to purchase a 3 or 4-unit apartment building. Only issue is I'm self employed. Does anyone have any recommendations for lenders that are friendly to t...
Brad Stoller
Investing with IRA's and 401(k)'s
I've run across a method that utilizes retirement funds to purchase wholesale foreclosures and REO's. Does anyone have any experience with this? I'd like to know your thoughts.
Mike Schorah
What’s the most creative strategy you’ve seen to buy a house?
In Gary Keller’s book, Shift, he lists 25 creative options that are most common, but barely scratch the surface:- Seller Contributions- Seller-Funded Permanent Buydown- Seller-Funded Temporary Buydown- Owner Financing...
Brian C.
Screening Tenants
BP,
I'm a fairly new landlord as I have had only 1 unit for the past 1 1/2 years and just acquired my 2nd unit about a month ago. I'm going through the screening process right now and I do not know how far ba...
Joe Fish
Property management subsidiary?
Can a property management company be established as a subsidiary to a brokerage? For example, if I have an LLC for my own property management company and would like to work under a brokerage is there any reason my LLC...
Craig Garrow
Using IRA money to buy a triplex?
I've got about $10K sitting in an IRA account that my employer and I both contribute to. Is there any way to pull some money out without too much penalty to use as a down payment on a triplex I'm looking at?
Brandon Turner
Employment Verification Fees?
My wife just tried to do an employment verification on a potential tenant - and the company said there was a $25 fee for me to verify their employment and income.
Has anyone else ever heard of this happening?
We'll...
Jen Kurtz
What do you do? The famous cocktail party question (in one sentence)
I was thinking about this recently. Those are who are not fully self-employed as a real estate investor, what sorts of day (or night) jobs do you have? I was curious to see if there were any types of jobs or industrie...
Brianna H.
Evaluating Applications
Howdy!My husband and I just bought our first investment property! We received our first applications for the rental, two friends in their mid-twenties. They are both living at home with their parents currently. Do I ...
Bill Zepeda
Verifying Income for applicant
Hi All,I have an applicant that is a subcontractor and wants to use bank statements to verify income. I'm concerned about the validity of this and I'm curious if anyone else has encountered this situation. My first ...