On October 6th, 2020 after a long time not working and battling health issues I decided to brush myself off and get back in the game. I started by making the decision to flip houses, start by wholesaling, and repair/r...
BP Community--Happy Thanksgiving!I am about to close on a property in Chicago (in two weeks). I just asked my lender if there are any issues with purchasing the property via land trust. He researched guidelines for co...
There's an old saying that goes something like "A candle loses nothing by lighting another candle". Why is that so hard for people to grasp? Being a real estate newbie I've talked to plenty of people that I personal...
I am getting conflicting information from 2 entities that help create LLCsThe property I am buying is in Arkansas, but I want to open an LLC in Wyoming One entity that helps creates LLCs is telling me that the WY LLC ...
Someone needs to call the White House and each Governors Office and stop this SBA insanity.
Landlords don't need "Loans" they need payment vouchers.
Housing and Urban Development is the correct way to manage the r...
Morning guys,
I have a question to all my fellow BP members. I could not find the thread for some reason so i figured lets construct a new one.
If you were to rebuild this country. What would you get rid of first to...
Having been in the real estate and general contracting market for 9+ years I would like to have a better understanding of Real Estate Development specifics and hope to find answers to the following questions based on ...
I have spent a large part of my life shrouding myself in secrecy. I didn't want people knowing what I was up to or how I knew what I knew. Part of me feared that by letting someone know these things, they would see th...
I am about to close on a 4 plex (multi family) is that has paying tenants, however I feel that there is a lot of secrecy and things I am not being told about the tenants in the home. According to the listing agent an...
Our process is to use a broker to originate all of our loans. We fund the deal and then the Note and Deed of Trust are assigned to us at closing. Pretty standard stuff.
The DOT and Assignment of course must be reco...