Brian Eddings
Homepath withdrew their counter offer?
Looking for some advice. I recently made an offer on a Fannie Mae property listed on homepath.com. The property was listed for 59k. I offered 43k and they countered at 55k. I then offered 46k and they countered at 42,...
Don Konipol
What to Include in Offering Package
We have been asked what is the minimum that should be included in an offering package for the purpose of raising capital to create a “real estate syndication”. Here is our checklistWe utilize SEC Reg 504 C as a safe...
Jacob Butler
legality and morality
I had an idea the other day, and I was just trying to touch base to see how other people feel about it, basically it entails, having a friend or partner low ball a property harshly that way when you give your offer (w...
Mike T.
Duplex and offer contingencies
Hello,
I am placing an offer on my FIRST duplex and the pro forma lists a NOI based on the rents listed but doesn't take into account expenses etc. Obviously my offer is based on the NOI taking into account ...
Gene Paniccia
Section 8 Question
I recently purchased a property in Cleveland. I found a tenant with a Section 8 voucher. Yesterday, I got my rental offer from CMHA. The offer is for $1,442.00. The tenant is responsible for $87.00. I'm being told, fr...
Bevaughn G Grey
Which is better LLC or Land Trust
I am new to bigger pockets.what is the best way to protect my real estate? Should I do land trust or LLC?Can I switch my real estate from my name to LLC or land trust?
Mitch Kronowit
Contract Law 101
Just wanted to verify something with my BP team.
Let's say you signed an offer to purchase or some other contract on Oct. 5. The other party accepts your offer by signing and dating on Oct. 10.
Is not Oct. 10 the le...
Leslie Coxon
Bird Dogging: Other Legal Questions
I just got done reading the post "Attention Birddogs: This is a Must Read For You! (7 Steps To Get Started Now)" There was a question raised about the legality of bird dogging. The conclusion was basically to check ...
Quanell Frost
Looking for legal assistance
Hello BP community! I am looking for any feedback. My fiancé and I looking to purchase our first multi family property. We have found a property of interest , viewed it and placed in offer which was accepted ! We went...
Vince Le
When can a loan officer who is also a realtor work on the same transaction?
Does a loan officer who is also a realtor should work under one broker only (broker offers both mortgage loan and real estate services) to be able to work on the same transaction legally?Thank you