Kent Harris
Loan Originator for Owner Finance
I went to an owner finance seminar in Texas. I was told I needed a loan originator to qualify the prospective buyer for a loan even though my LLC owns the house free and clear. I was also told I needed a disbursement ...
Nick Gray
Thoughts on Corporate 401k Contributions?
I joined the full-time workforce in January and I have begun to contribute to my company's Roth 401k, in large part because I am enticed by the concept of tax-free earnings and a corporate match (a standard 60% of the...
May Baten
Anyone heard of the Hard Money Lender, Stone Financing LLC?
Awesome BP Community Leaders,Thank you for your support, advice, and guidance thus far on our fledgling REI adventure. We're at a point now where we're hustling for more money and are considering a hard money loan. ...
Ash Seth
title search and what information it won't cover?
Gurus,
As a newbie, I would like to know that how can I perform a title search for potential leads? What kind of information it will cover and it won't ?
Does it make sense to do it online (any good referral/conta...
Chad Duval
For a cashout refi - Are all LLC expenses incleded in P&L?
Hi all! I have a question about a P&L and a trailing 12 for an apartment building. I currently have a personal loan that I used for a down payment on an apartment building. The apartment building is in an LLC and ...
Kim Gough
Clarifying a Dodd Frank issue
I was hoping someone could clarify a Dodd Frank issue for me. I am working with a CEO of a company who is purchasing a residential property as a company investment and corporate headquarters. The company is a well est...
Aaron Millis
Transferring your mortgage to a buyer
Hi BP,I've got a rental that I renting/selling to someone on a rent to own agreement- the home is still in my name.We are at the point where they are about ready to buy the home outright. However I do have a good inte...
Alex Kalyan
Reverse Mortgage Foreclosure
Hello to all, We are new to REI and have a unique opportunity to begin our journey. We are interested in a vacant property that has been vacant for 6 months. The unique piece is that we have access to the property a...
Tyler Robbert
Questions for MLOs
Hello there, friends - I'm interested in getting licensed as a Mortgage Loan Officer, but I'd love to run a few questions by someone (or multiple folks) who already have boots on the ground in the industry to get some...
Diane Hagler
Does this look legit?
Hi, We've been looking for some hard money lenders and we have been approved by Britz AG Finance Co, Inc. I'm trying to find out if this is legit, the terms seem too good to be true. Has anyone ever used them before? ...