I recently created a TX LLC to buy and hold rental properties. The LLC has 2 members and when I registered to get an EIN with the IRS, my registration got switched from an LLC to a Partnership. The IRS website mention...

Hi BP experts! I heard that there are individuals investors who lend out money for purchasing. Hypothetically, If a traditional lender charged say around 4000 fees/closing cost etc and 5.5% rate along with a mandatory...

I have a question about who pays for damages discovered after a sale. I purchased a condo to use as a STR and the day after the sale was finalized we were advised that the dishwasher has been leaking for days, there i...

I just have a quick question. I am a Realtor and interested in doing wholesale and flipping. I would like to know if I should disclose that I am a realtor when mailing yellow post cards and letters to property owners....

I have a seller who could not accept the cash offer due to what she owed on the property. She inquired about a terms offer.

I am quite new to this and didn't 100% understand terms when it was taught to me. Can anyone...

The REO I want to buy has been vacant since November without heat or a/c. Do you think that mold could be an issue now? Originally we submitted our offer we had no contingencies, but now I'm thinking we should do a ...

My friend & I are moving to LA in January and we are first time renters. We are wondering if there is any way we could "reserve" (I am sure that is not the correct word) an apartment before then. We want to begi...

I am a commercial mortgage broker with a giant buyers list, and I have many client investors looking for specific properties who are ready, willing and able to purchase today should a deal present itself that meets...

Hi all!I'm about to have my first occupied property under contract. I have a question regarding this process. The owner insists on wanting to kick out her tenants as soon as possible. My worry is if she removes her te...

We are finishing up the rehab on a property and I have a general question about the appraisal going forward. I realize you have to pay out of pocket here, but, should we get an appraisal before going to refinance the ...