Andrew Pettit
Issues With LLC, I need further explanation from experts.
Evening BP,
I was wondering if I can restructure my LLC after I filed it with the secretary of state within RI. I just have more questions after the fact, if the LLC is "Inside and Outside" protected and ...
Clayton Barnes
Any explanation for not taking ownership of this home?
I'm considering a property that is coming up in an upcoming tax sale and I'm very confused on the history. The property is in Indiana.The tax lien on the house was purchased in 2015 by Empire 7 Portfolio LLC. However,...
Linda Thomas
Do I have to give an explanation and reason
Hello all,i sent tenant certified letter with 60 day advanced notice of non renewal of her lease. She is sending me tons of text messages asking for a reason as to why she needs to leave and telling me she has no wher...
Timothy J.
Down-to-Earth Explanation of Fannie Mae Deed Restrictions
I'm trying to understand whether we are able to obtain rehab funding for a Fannie Mae offer that was accepted. There is a Deed Restriction of 3 Months (the 90-Day Rule) that limits the Sales Price for 3 Months to not ...
Jocelyn Gardiner
Looking for In Depth Explanation on the Bigger Pockets Calculator
I'm trying to analyze deals using the Bigger Pockets calculators, but I am totally lost on most of these financial terms and metrics. I know I can use the little question mark guides, but even still I'm floundering an...
Sam Leon
Not renewing a lease - do you owe tenant an honest explanation?
One year lease about to be up and I am not renewing. Tenant has been a real pain to deal with. Too many lies and excuses, you know what I mean.Now do you tell the tenant why you won't be renewing? Or do you make so...
Samuel Ksiazkieicz
Mortgage Association's own explanation of costs of foreclosure, i.e. bargaining chips
Hey, I found this while searching online, it is the Mortgage Bankers Association very own paper on the costs of foreclosure. Check it out, and use all of these points as bargaining chips for lower offers on short sal...
Allison Nicole
Seeking an explanation of "Per Diem Rate" on offer forBank-owned
Hi There!Can anyone explain what the "Per Diem Rate" is in reference to the offer price details on a bank-owned property? I am trying to put in an offer on a property. The default for this value is set at $100 on the ...
David Lee
Need explanation of the 2% rule and is it a good deal?
I am looking at purchasing a multiple-family property that is $250,000. It has a house that rents at $800 a month. It has four two bedroom one bath apartments that rent for $450 a month each and two one bedroom one...
Jeff S.
Cash-out refi big box bank lately?
Trying to pull cash out of an owner occ rehab from Wells and it is insane. Having to answer questions about all my deposits (letter of explanation) and even want to know about small grocery reimbursements to GF.
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