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Hello Everyone! I apologize ahead of time for the long post.I am a complete newbie so please bear with me. I would like to begin property rehabbing and flipping. I have been reading the BP forums, listening to the BP ...
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If a LLC is formed by multiple owners, does hard money lenders or lenders accept, one or more partners signing the documents on behalf of the LLC or should all partners sign the loan documents ? Thanks in Advance
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So I’m coming close to buying my first property. I currently have excellent credit( greater than 750) and I’m concerned if having multiple mortgages will hurt my personal credit and my ability to continue to borrow. I...
I am closing on a property when title found a 2nd on the house. The 2nd was part of the original purchase. Shortly after the Seller purchased the house (2005) the Mortgage Company was dissolved (prime lending issues...
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Hello, All:I need your help/advice on the situation as below:I have small office building. I entered into a lease agreement with Dentist for 7 years (with 5 months free rent). Before lease signs, we were communicat...
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Any ideas on how to find a buyer for our condo in Chicago who would be a candidate for owner financing or rent to own? Like someone who has damaged (not destroyed) credit or needs time to save for money down or job c...
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I've found a vacant property I'm interested in acquiring. I've been able to track down the owner of record who informs me that the property was surrendered back to the Lender (Wells Fargo) via a personal bankruptcy an...
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Is it wise to keep a negative cashflow home in the bay area for appreciation, if you can fund the negative cashflow from the positive cashflows generated from other properties. The advantage I see is the huge deprecia...
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Last night, I attended my first REIA meeting in Richardson. Overall it was pretty good. I'm planning on buying properties to hold and rent long term. Unfortunately, I didn't meet anyone whose primary strategy is buy...
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Just got back from closing on my first property. Pick up the keys tomorrow. So stoked. Next step is the tenant screening process. Bring it on!