Logan Clark
When do I line up Transactional Funding?
I am getting ready to make an offer on a property that I’m planning to Wholesale to a cash buyer. It will be a double close so I’m wondering at what point do I call a lender to set up transactional funding? Do I do it...
Stephanie Simmons
Advice needed: pending deal - inspection & contingency problems
I’m a licensed agent in Florida. I’m an investor and I really only do my own deals. This is the first one of my properties that I have sold as an agent. Here’s the issue - got a contract from a buyer that is a commerc...
James Ramos
Self-Direced IRA Custodian - Recommendation
I want to use my Roth 401K money to invest in a real estate purchase. Can you recommend a custodian either by reputation or from personal experience. Thanks!
Ian McCook
Contract to sell a property prior to closing
New to Biggerpockets, but it looks like a great website. I need some advice. I have a property under contract to purchase in Florida (ie, equitable title). I have a buyer that is interesting in purchasing the home....
Roger Laughary
Removing a Lessee from a Lease
Hi all,I'm struggling with an odd situation and hoped to get some good input from someone who knows the law better than I do. I started a lease on a couple last year (2 year lease) and they have since broke up. The gu...
Daniel Bradshaw
Multiple offers on REO's
Hey Everybody,
Let's say I have a proof of funds letter for $100,000 and I make 20 offers on REO's at extremely low prices only expecting to hear something back about 1 property or even none of them and I hear back f...
Greg Moran
First investment loan default. The saga begins
Investment Info:
Single-family residence private money loan investment in Enid.
Cash invested: $27,600
Contributors:
Matt Mesick
UPDATE: (10/02/2022): Borrower has defaulted on the loan a...
Jeff L.
Trouble Tenants - Keep or Push Out?
Hey BP!Could really use your advice on this one. I purchased a duplex property and inherited tenants (a couple) in one of the units. They had lived in the unit for 18 years before my purchase and I have now held the p...
Nasar Elarabi
HOME VESTORS ATTORNEY SENT ME A CERTIFIED LETTER
Today the mail lady came to give me a certified letter. I signed for it and opened it immediately. It was a letter from Homevestor's attorney. The attorney stated that I was in violation of Unauthorized use of Int...
Bienes Raices
Moldy, nasty kitchen cabinets
I've been a couple of times now to see an REO that's right near my own house. For the most part, it's in very good condition,but the kitchen cabinets are gross, covered with mold on the insides. The cabinets would hav...