Marc Chale
Tenant Ready to Settle Debt Following Eviction
The tenant suddenly stopped paying rent, claimed 'banking glitch' and squatted for 6 months while we worked through the evictions process. The court ordered the tenant to pay back-owed rent plus interest. 2 years pass...
Gawain Kim
Would real estate agents want a simpler closing process?
Hi everyone!I have always thought that the closing process was unecessarily inconvenient and manual. A buddy of mine in tech was telling me how he was playing with the idea of creating a solution to make the closing p...
Aaron Xie
What to do after offer is accepted on a industrial warehouse?
It's my first time buying an industrial warehouse in Southern California. Now the offer is accepted. We have one month to remove non-financial contingencies, and then another half month to remove the mortgage conting...
John Lindemann
Structural Engineer causing major issues for closing
I own a house in Broken Arrow, OK (a suburb of Tulsa, OK) and I have had it under contract since Feb. 6th with an expected closing date of March 10th. Initially, the buyer hired a general home inspector to look over ...
Erica Nagle
Not using a GC?
We have our first project that will be closing in a couple of weeks. We learned the hard way that finding good contractors can be a challenge. No offense to the contractors out there! We are finding that many of the c...
Randal McLeaird
Seasoning a Note: Reporting Seller Financed loan to buyers credit
I'm about to seller finance my first two deals and I want to know if/how I can report the the loan to the buyers credit. Is this possible?
The main reason I want to know this is because I want to season the notes for...
Garrett D Shaw
Building a property management company in North Carolina
My wife and I are building out a property management company in Wilmington, NC. I will soon have my Provisional Broker's license, and she will follow soon after. Since I'll need two years of an active broker license b...
Andrés Uribe
Opening business bank account un US from Canada
Hello again BP Forums!
I am wondering who is investing in the US from Canada, or abroad? I live in Canada and will invest into the state of PA remotely.
I need to know if there is a way to set up a back account for ...
Randy Brown
Can I finance a multi family with Freddie Mac after renovation
Hello all,I am looking at a multi family property that should have excellent value add opportunity. I should be in a position to purchase and rehab the property with a combination of my cash and private lending. My qu...
Jared Sandler
Pain Points in the process
Curious from y'all what some of your challenges have been when working with a hard money lender for your investment property purchases and what elements are most important to you? Is it simple a numbers game and best ...