Bryan Nixon
First Time Home Buyer
Good Day, Community!
I've been living overseas for the past 15 years, originally from Daytona Beach, Fl. But I will be starting a new job as a federal employee at Scott AFB, in Southern Illinois, just 25 minutes eas...
Spencer Mills
Seller financing/capital gains question
Hello! I'm looking at purchasing a $1.2m property. This property is 8.9 acres, has 2 warehouses and a fairly large paved parking lot. I plan to use 1 of the warehouses for my automotive business. I don't have enough ...
Kalyn Ringwold
A little bummed tonight :( Deal may fall through
So I'm a little bummed out tonight. I've been looking for a home to rehab and I found the perfect house for my first flip. LP is 39,900 (foreclosure) AVR= between 88k-100k. Only has cosmetic damage and i estimated abo...
Account Closed
How many closing costs will a short sale lender pay?
For those of you working short sales: how much does a lender typically accommodate commissions, escrow/title, taxes and other costs associated with closing the sale? I'm working with a lender on a short pay off. I'...
Jack Fick
Short Sale Approval & Quick Claim Deed
To make a very long story extremely short: I assisted a friend with the purchase of her first home a few years ago and of course now, am being burned, after circumstances led her / her family to multiple late payments...
Jeffrey De Los Santos
How can I refinance a home into an LLC?
I purchased a SFR rental property with a hard money loan under my name and am looking to refinance, but under an LLC. Am I able to do this and if so, how do I go about doing this?
Al Kirk
Separating Mobile Homes from Land
I am purchasing a 12 lot MHP and the park owns the mobile homes attached. I want to get advice on how to go about separating the mobile homes from the lots at close. Ideally, I would have the mobile homes owned by an ...
Grant Waugh
Short Sale Closing Costs
Hey BP! I have my first RE offer in on a short sale and after a few months, it looks like the seller's bank may finally be approving the sale. I put in my offer at 103K and the seller's bank's appraisal came in at 95...
Antwan Smith
Need a Business Line of Credit
Do any one know in good source to get unsecured business line of credit. Newly formed LLC need quick cash and don't want to use hardmoney lenders to get into deals. FICo 738
Adam Hofmann
Wholesaling a short sale - Do I have this right...?
**If this needs to be in the wholesale section, feel free to move it!
So far I've come across tons of great articles on both of these topics. I just wanted to put together a scenario and run it by you guys to...