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Hey BPers, I rented a SFR to a young couple last month (18 yr olds). Both of their names are on the lease. They seemed very happy, appreciative, respectful and passed all of the background screening. The guy just call...
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Hey Guys,While many of you may know that, if theres a seller's agent and they find a buyer for a property and the deal closes, ultimately the commission will come out of the sales price and the seller receives less mo...
Hello, I have 6 rental properties under an LLC that is equally owned by me and my soon to be ex wife. We are going through a contentious divorce and I would like to buy her out, but apparently thats not very easy.If w...
I have a couple questions. I have about $25K in a self directed IRA. I want to use the money for purchasing a rental property for our real estate investing business. How would that work? Can we use part of it (being t...
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Say I have to do a transactional closing and my mother is going to provide the line of credit or proof of funds letter. In the transaction, does any of her money ACTUALLY get used or is it all just paperwork on the d...
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First, I love my real estate cash flows and the opportunity they have provided for my family...but I am curious how you all feel about this. The local and federal government is tightening their grip on Real Estate acr...
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Hey everyone! Just had a question regarding LLC formation and what you guys think is the appropriate way to approach this. My brother and I have just gotten an offer accepted on a home. We want to form an LLC but are ...
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Anybody know what this means? Is this an agent that's reporting WRONG data on the MLS? I spoke with the agent and, basically, she said the bank has to approve of the offer and it should happen within 2 months.
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I'm curious to know if reaching out to friends and family for a private loan is generally a good or a bad idea.
If you do bring them in, what sort of interest rates and repayment structure do you offer?Thanks in adv...
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Hi, I was wondering if anyone has been involved in originating or receiving loans from a 401k to purchase a property. Not taking a loan from your personal 401k, but loaning funds to someone (or being the person that r...