Hi all,I was hoping someone could help me get a better understanding of using my 401k for real estate. I have money in a 401k from a previous job. Are there any options where I can use this money to buy a deal and do ...
I live in a multifamily home where I rent out the second floor to a tenant. The unit has its own washer/dryer and the utilities are on a shared meter for the whole house. The tenant lives by himself but has his kids o...
I have a friend that sold her house. During the final walk through, the buyers noticed the fridge was missing. My friend always intended to take the fridge, and didn't list it on the included appliances, but the co...
Is it possible to wholesale listed properties with out "using" transactional funding and instead just using a proof of funds letter and once offer is accepted mail earnest money?
Here is the scenario. A few month...
Is anyone familiar with late fee laws in Maryland for a commercial property?Flat fee, percentage, maximum amount, how many months can the late fee continue to be applied, etc.Thanks in advance!
My realtor told me that in rder to buy a reo property the bank wants 1oK in earnest money. The arv is $400k, and i will be offering 15ok. I told him the most I would offer is 2k. He said that the banks ask for 10k be...
Do you ever let good tenants (keep units in good shape, get along with people etc) fall behind in rent without doing evictions when you have many units? For instance the cost of a turnover usually is a few thousand, ...
Hello all,I'm about to purchase a property, there are multiple liens. I have a few questions...At closing, will the lawyer arrange to have these liens paid or is this something that I have to take care of on my own. A...
I currently live in a home that is paid for 100% by a trust fund which is not in my name nor my wife's. I want to start a Sober Living Home Business in DFW, TX due to the demand and my passion to help others. Could ...
Hello BPers,I'm working on purchasing my 5th deal now and having trouble deciding on how to finance.I've been approved for a PML to purchase a property for around $100k but only at 65% ARV which doesn't leave me enoug...