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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...
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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...
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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 ...
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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...
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I'm looking for info on Double Closing REO cash transactions in Los Angeles. I'm active in FL but would like advice for CA law. Anyone know Title co. that will do Doubles in the L.A. area?
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Hello Everyone,
I have read that some people copy a check to send in with their offer. Do listing agents or the bank call the buyer's bank to verify the amount on the check is in the account?
I was reading where a ...
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BP Teammates, I’ve an opportunity to buy into a large syndication deal and I want to use my Roth IRA. I’m currently looking at all the BP posts about SDIRAs and have not yet seen one discussing buying into a syndicati...
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Hello, I'm new to the investing game and I'm an big fan of BP. I'm going to give as much information as possible, but also cut a long story very short. My father will be given his pension when he turns 70 1/2 in a ...
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Where do folks keep their cash reserves, any recommendations on banks or savings accounts, CDs, etc that offer at least some interest? Perhaps an online bank (only) that offers at least some return?Of course, for a lo...
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What do folks suggest for a profit-making idea that is in the "very, very safe" category, but returns as high as 6-5%, no fees. I have a broker who can get me into REITs, but that tends to be 6.5% minus 1.0% in manage...