Hey all! West coast out of state investor here looking to purchase my first rental. I've looked at a lot of resales and with the high interest rates, I'm wondering if I would be better off purchasing a home that is n...
Hello BP community. Need some advice on how I should proceed with applicants I have for one of my rental properties. It is a couple and the woman is taking a job as a OBGYN making $347,000/yr . Her credit score is gre...
So we recently tried selling a house. The day before closing, the buyers backed out. No reason was stated.We only got a quarter of their earnest money.I was under the impression the earnest money exists to protect t...
I have a question for all the BP experts.I am fully aware (and abide by) all owner occupant requirements when dealing with any type of government owned/marketed homes (HUD, Homepath, etc).However - I ran across a new ...
Hello, looking for a copy of an operating agreement to use for a "Checkbook LLC" out of my SDIRA in Colorado. I found this one for CA, but would like a CO specific one.
https://www.firsttuesday.us/co...
Can I use funds from my self directed IRA to purchase a piece of land. I believe I can.Can I build several homes (i.e a subdivision or apartments ) on that land and sell the homes? I'm not a builder, so someone else w...
I always wondered how lenders verify tax returns in Canada. In the Usa, lenders can make you fill up a form that will allow them to pull your tax returns themselves, but such practise doesn’t happen in Canada. Lenders...
Hi everyone,I'm currently under contract for 2 SFR units on 1 deed in Norman, Oklahoma and would value your advice as their are a few elements that are new for me.Analysis snap shot below. Typically we are focused on ...
I'm very new to this aspect of the realestate world. And I am giving a good deal of consideration towards seeking out wholesalers for Leeds. At least until I am able to develop my own system of lead generation. My que...
We recently closed on a rental property with an existing tenant. The insurance company just sent notice that they will cancel the policy due to a trampoline next to the house unless we sign a trampoline liability exc...