I am new to the business and I am learning as I go. I have had a few deals fall through because we have had lack of funding by the closing date. My partner and I are extremely frustrated with these recent events.I hav...
CEO steals the money? Your investment in a syndication 100% at risk?CrowdStreet, a real estate investment platform, was hit with a SEC news report claiming that $63 million in customer cash went missing. The funds wer...
OK, say I find a house on realtor.com I would like to put an offer on. Now seeing the numbers and knowing facts its bank owned and they are trying to sell the house for what the guy owed. The house with about $12,00...
Hello,
Sort of new to BP. I am looking to purchase a rental home in my area, current listing is for $49K. My question is this. I have around $20K in my current 401(k) at work that I would like to roll into a SD IRA. ...
Hello all,I've been reviewing these forums and have been doing a lot of thinking of paying off my existing investment property with my 401k funds.Current State:1. Investment property has 150k mortgage left. Valued aro...
I work a lot with people buying investment properties. These are savvy people that have excellent credit and usually have options when it comes to money for closing.
I am often surprised by the way these same people...
Hello,I have 2 full time STVR Properties that have substantial home equity ($400k each). I am looking to be more active in real estate investing primarily in shorter term fix and flips. I spoke to my banker today an...
Hello, I was wondering if anyone has ever structured a HML where you could get 100% of the purchase price and you would fund the whole rehab? Is this something a HML might consider? Or no? I am not saying that they wo...
This is a pretty crazy story of one man using the escrow accounts of 1031 exchange to fund his lifestyle. Only after $126 million later does it all come crashing down. The conman never admits to fault! Many lost thei...
In Iowa the law was just passed that makes assigning contracts as a business model Illegal and the closing attorneys will not close those.
This was a Wholetail deal IE buy it trash it out and sell as is.
PP 50k ...