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Hello, I am new to wholesaling and am trying to get my first deal under contract.While driving for dollars I found this property very beat down and would be a great deal, on zillow the house is in foreclosure and is a...
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I've done one LLC in Illinois and it was easy: $75 to the state, one web form, draft up some routine procedural docs etc. Less than an hours work, everything online approved within a few days.I recently decided to st...
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Hello everyone I perused the BP community in the forums section to determine if gold as hard assets (with the ability for liquidation) would have application as collateral for doing a real estate deal. I am a collecto...
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I reside in my owner occupied duplex and rent out the other side. The back door has windows that, when broken, would allow access to the interior thumb latch deadbolt. Thus, someone wanting to break in could easily ...
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Hello BP,
I think there are plenty of forums discussing the theory, but I was wondering has anyone placed this into practice and what was the process! I plan on speaking with the lender as well, BUT, I have a home wi...
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I have one rental property and a rather newly formed LLC for the biz. I have some remodel work to do and thought I would open a credit card under the LLC to build some business credit. I have excellent personal credit...
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Hi guys, was wondering if there are any issues switching over a primary residence to a rental. I currently own a place and am looking to switch it over to rental, and buy a new primary. Does this void the mortgage?...
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I sell manufactured homes and I saw a listing of one of my homes with the same pictures, different description and triple the price on CL. I confronted the guy and he seemed to think he was doing me a favor. I got him...
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Hey all - newbie here.I have looked locally in my market for some lenders to get pre-approval for rental property purchases. However, I am running into an issue that only 15 or 20 year terms are available. At the advi...
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Hello! My name is Spencer and I've been listening to the Bigger Pockets podcasts lately and learned about the networking and knowledge that is available on the forums. I was wondering if anyone would like to discuss a...