I have a few HOT TAKES on this recent NAR Settlement News
1. Buyer's agents won't wait long to get into written agreement with a Buyer. Right now, many agents don't sign any agreements until they sign an offer. With ...
The NEW lease-option design...As I understand it, one of the requirements of the new Consumer Finance Protection Bureau, birthed from the Dodd-Frank legislation, is that ANY lender in an installment sale has to verify...
So I know this a long running debate about whether a LLC is worth the trouble particularly due to the well known issues of getting conventional financing for one. Many people passionately encourage having every proper...
Hello!
I am a newbie investor, just getting into the game (scared sh*tless).
I need some advice about whether or not to create an LLC for my investment property purchase. I've heard from several people that you shou...
Hey Everyone, I have a pretty general question about LLC's. I've read several articles weighing the pro's and con's but I'd love to see BP members thoughts on these questions. I've been advised to open an LLC for each...
Is it true that if I want to buy a house with cash it must be in a bank account for 2 months before I can purchase the home? (I was told saving it in my mattress won’t do me any good)
I'd like to pick the brains of everyone on what you'd do in this scenario:Multi-unit property is up for sale. Motivated sellers who are no longer in the area, which makes them even more motivated to sell. Property o...
Hey all!
I just about finished this book and found it to be pretty incredible to read and learn from. For any newbies out there like me, this book was really helpful and explaining how people build and creat...
Scenario: $450k to investBackground: Currently have 7 SFH rentals (turnkey purchase) that are currently financed with 1 commercial loan (so that I could get HELOC to pay off house and car notes quickly) and 1 tear do...
Hi all,I have a tenant who is wanting to purchase the property from me, but by the end of the lease, she will only have 6 months of employment and credit history under her name. She was a single mom in the past and d...