David Cheng
What do you qualify as a proof of funds?
Currently have a listed 4-plex for sale, 100% occupied. As a screening tool, I ask for proof of funds before we bother a tenant and show the property. To me, any liquidity qualifies: bank letters, bank statements, sto...
Eric Justice
Buying property-All Cash
It seems that purchasing property in all cash would have the best outcome for investments. The owner would not have a mortgage. The owner would have to pay property taxes. Buying with all cash gives the owner the opti...
Ernesto Hernandez
Saving You Some Time: MultiFamily Millions by Lindahl Boot Notes
I just wrapped up this book. Took notes along the way on my iPad. Fantastic Read. Wanna save some of you money and time. I picked it up base don multiple recommendations at the end of BP Podcasts. It’s less granular a...
James M.
Help With Order of Operations: Texas Landlord
Hello!I acquired my first home that I will be renting out in San Antonio, hopefully as soon as possible. I was hoping someone could assist me with the order of operations and tips on late rent and eviction process.I h...
Robert Arnold
Have you had a loan called after transferring a property to LLC?
Purchased a property in my name with a 30 yr fixed mortgage (big corporate bank). Have sense formed an LLC. Planning to transfer into the LLC. Would love to know if anyone has done this and the bank called to load due...
Jaxi West
Promissory Note or Deed of Trust - which is better to sign?
Hi
Investing with a guy who needs the money to rehab a house. Not a super large amount.
Deed of Trust ties me to the house/title. I am a silent owner until the work is done and we file with the title compan...