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Hello,
I'm a private lender and I've been approached recently about providing transactional funding for a wholesale deal. I've never done one of these transactions before but have researched them online. I was wonder...
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I frequently see sub2 deals on FB and other sites and out of curiosity I look at what they are offering. When I look at the property and the information what I am noticing is the "game plan" is as follows:1. Find a p...
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If I buy land today, but wait one year to pay abuilder to build a rental property on the land, am I able to 1031X anything into the new build at that point (one year from now?).Example:- Buy land Oct, 2022.- Sell Rent...
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I have read through the Illionis SAFE Act and I really dont understand how it will affect doing Lonnie Deals? I plan on trying them out, but while reading back articles on them, I see that SAFE act being brought up.
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I am a Realtor in State of TX and have have some rental homes. Looking into purchasing Seller financed notes( Not bank notes). I have found a local broker whom has a list of these notes for all over the cournty. So...
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I have some money coming in and would like to be a transactional funder. Do you have any advice? How do I ensure the money is lent out every month? How do I compete with a plethora of transactional funders out there? ...
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I have done some research on the "lease option assignment" strategy, and am currently calling sellers who are interested in this. I keep on hearing the term "be a principle in the transaction", or else its not legal.W...
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Can't find any recent info. Apparently HUD told all states to enact their own version of SAFE or be subject to federal rules, so they all did that. How aggressively is it being enforced, has anyone been made a "test c...
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Hi,
Does anyone have any strategies in place for mobile home investing after June 1st when the HUD Safe Act starts which will eliminate almost all seller financing? I was really hoping to try mobile home investing th...
Hi BP community,This is my first post on here ever. Love the podcasts and love reading through the forums. I am a College Junior at the University of Michigan.My parents are selling our Rental/Vacation Home in New Ham...