Jennifer Handlin
GOT investors for a flip now what docs do I use?
HI... so I have 40K from three private money investors. I will be buying a house rehabbing it then selling ( hopefully with in six months)
I will be giving 9% on the money borrowed.
On the two larger investers I w...
Jason Sterling
Question with potential condo purchase with pending litigation
All,Looking at my first deal, an investment that I would look to rent out. Potential cash purchase, and it is an enticing deal that I could get relatively good value on, but the issue is such - there is pending litig...
Rhonda Parker
Lawyers and Wholesale contracts
Did anyone go directly to a lawyer to get their wholesale contracts? What is the ball park figure to get your contracts drawn up?
Tae C.
Taxes: Rehab without receipts from contractor
Hey all,I recently began my first flip project as an out of state investor. I was able to vet out a project manager/coordinator group that manages all aspects of the rehab especially for remote investors. They have s...
Glen Michael
Owner onboarding requirement to provide financial documentation
Just seeing who requires new owners/landlords to provide their financial documentation upon signing a management agreement?Assuming it's written in your management agreement somewhere that states the owners are curren...
Brad McGuirk
Signed Deed at Closing, $20,000 lien found, then no closing?
I was purchasing a duplex for $12,100 and everything was running smooth until the day of closing.
Closing occurs, everyone gets their check and leaves.
I get a phone call from the closing company 10 minutes later sa...
Chris Stromdahl
New investor/meeting with my RE attorney on 7/28/suggestions?
I am excited to be meeting with my real estate attorney this coming Monday for the first time.He was referred to me by a networking connection. My father in law is an attorney as well. We did some checking and verifie...
Jared Sandler
Steps for using a HML
Get asked about this a lot so figured I'd share. Every HML will work somewhat differently but I will let you know the standard flow:
1) Get pre-approved with an HML - This should be free. DO NOT PAY AN APPLICATION ...
Landon Smith
Solo 401k South Carolina
Hi BP world,I'm looking for someone who could recommend a custodian, preferably in SC that could help me set up a solo 401k. I meet the federal requirements. Thanks.
Alicia Harrington
When should you set up a Living Trust
Hey BP Members,Recently I was discussing my thoughts about real estate investing with a friend of mine and she suggested that I should set up a trust account. I don't even have a property yet so why would I set up a ...