![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/52008/small_1621411607-avatar-seanh.jpg?twic=v1/output=image&v=2)
I am speaking with my attorney who is helping me setup the proper documentation for use with private investors. She is suggesting that I do not deal with non-accredited investors because if something should happen to...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2201396/small_1626669974-avatar-amandat85.jpg?twic=v1/output=image&v=2)
I have an inquiry about our dog policy. She says she has 2 dogs. She's been sketchy about details, I asked how old and how big and she said, "1 and 3." After 2 more times of asking more specifically she said 75 lb and...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/270946/small_1621439423-avatar-garyv3.jpg?twic=v1/output=image&v=2)
IS WHOLESALING ILLEGAL IN ILLINOIS?The Real Estate License Act of 2000, 225 ILCS 454/1-1, et seq., and its accompanyingregulations, 68 Ill.Admin. Code pt. 1450, govern the business of real estate brokerage in Illinois...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/44889/small_1621408067-avatar-dbusiness.jpg?twic=v1/output=image&v=2)
Just happened to watch Dateline Sunday night and they did a great piece on Detroit. A recap Detroit economy is going through some of its toughest times. There are rows of vacant, damaged houses with nearly vacant ne...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/136852/small_1621418766-avatar-kwolfenberger.jpg?twic=v1/output=image&v=2)
At a recent real estate seminar I attended the presenter said that it is illegal to commingle funds from different private lenders to purchase a property. The example he used was borrowing money from 2 relatives (5...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2899657/small_1703025584-avatar-davidl1579.jpg?twic=v1/output=image&v=2)
Gentle man works two jobs with income $6000 credit score 520;
lady income $4000 credit 620No Evicrion history for both
not married, don't know if they are in relationship or father and daughter.
my management turn ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2265983/small_1632873513-avatar-ericm847.jpg?twic=v1/output=image&v=2)
27 year old male, 730 credit score, 40% DTI, no student/car/medical debt, first time home buyer looking for estimated max loan amount
Hello,
I understand that this is a case by case question with many variables in...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1782818/small_1621515542-avatar-scottk258.jpg?twic=v1/output=image&v=2)
Hi there, we recently purchased a single-family home in a town in Goshen, New York for the purposes of listing it as a STR.
Just before closing, while we were in contract, the town placed severe restrictions on STRs....
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/37034/small_1621370217-avatar-dkonipol.jpg?twic=v1/output=image&v=2)
In locations where STR become restricted, it seems probable that many, if not most STR owners who are no longer legally able to offer the STR option, will choose to turn to MTR. With a house full of furniture, and a ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/184593/small_1683201988-avatar-john05261.jpg?twic=v1/output=image&v=2)
For the Newbie STR Investors these things let me know that you are very new, not an investor at all or don't understand what owning a STR is all about.1. Refer to STR as an "Airbnb" You have a STR listed on Airbnb.2. ...