Patrick Britton
advantages to being licensed when wholesaling
howdy, there has a lot of chatter recently about getting an RE license when wholesaling. i have thought about it, but in WA state it's 90 hours and $400 or so. the 90 hours is the real turn off for me. could someon...
John Jacobs
Private Money Lending--Requests Made by my Bank
Hello BP,
I have been a very active private money lender since 2014. I have a single member LLC (me as the sole member) that lends only to real estate investors. That is I do not lend to owner occupants. I only le...
Mark Graffagnino
Prospective Tenant has a Miniature Pig
I had a prospective tenant ask today about keeping their pet miniature pig in the house. It weighs 30 lbs, which is right at the limit I use on dogs. She claims it is litter trained for when they are not home and is...
Obin Olson
So how to get past the 50k appraisal fee
So, I am looking at a SFR bundle that cash flows well, however the lender needs to get some value on the deal. the problem is from my basic comps, and square foot prices etc it is very close to being a "no go" situati...
Chi Ta
BRRRR is a mythical creature that happens once a year.
So, after discovering the BRRRR method it all made sense to me that it's just a flip but instead of selling for instant profit you'll refi the property and hold it for long term gains. Great sounds like a deal, howeve...
Kara Courtney
LLC First then Purchase? And an LLC for each property?
I’m getting ready to purchase my first investment property, and I plan to purchase more.I am a realtor and already have an S-Corp set up for my salesperson business commissions.Should I purchase my first home in my na...
Edgar Martinez
are REO simultaneous Closings for real.?
I'm a Real Estate investor from Texas, and I have just recently decided to start wholesaling (double-closing) REO properties (since they're all over the map) but I soon ran into a problem. I purchased a property at a ...
Chad McIver
Possible first deal, mixed used, lofts and retail space...
Property is a foreclosure in a historic city, with plenty of traffic. Asking price is 400,000. 7000 sq. feet.
Building is 3 levels.
First level is retail space that is currently rented at $2000, but lease is up in a...
Dustin M.
Working on multiple lonnie deals at a time.
Hi,
I am still fairly new to mobile home investing (only have two mobile home notes at the moment). I recently flipped (my 3rd so far) a HUD foreclosure so I'm ready to invest the money I made out...
Ameer Muhammad
Back to Back Closing
Hey is anyone out there having trouble doing back to back closings? With the short sales that we have done recently the title company have required that we hold the property for 72 hours to insure that the funds won't...