Shane Ayers
Newbie Financing
Howdy! I'm a newbie (as if that wasn't obvious enough) and I'd love to hear some book recommendations dealing only with financing. I've actually read quite a few books recommended in the forum for beginners and am cur...
Dennis Meppelink
What is the difference between hard money and private money?
I am searching for the difference between these two kinds of loans, but still don't get it.Anyone who can explain me?Thank you. Dennis Meppelink from Holland
Account Closed
Issues with Chicago BACP Airbnb Registration
I own a two flat in Logan Square and one of the units has been on Airbnb and VRBO since early last summer. I have had major issues with the City of Chicago BACP Shared Housing portal and my registration application fo...
Si B.
Mortgage Lenders or Carriers
Hello Community,
Is there any mortgage lenders or carriers that accept late mortgage payments(caught up) within last 12 months?
Gene Paniccia
Are these PM fees normal?
I hired a PM who agreed to manage my property for 8% of the rent. The house has needed some work done which the PM handled. I disputed a charge on my last statement (believing I've been doubled charged for some work)....
Carl Henriksen
License required to enter a JV on notes?
Hi all,Went to an investor's meeting in my town and the organizer invests in performing and non-performing notes. He says the typical length of time in a note is 6-12 months, and sometimes longer if he needs to forecl...
Mylene Bel
Transfer property to a LLC (2 foreign owners) to avoid FIRPTA?
Hi BiggerPockets,My husband and I are foreign owners of a condo in Florida that we want to sell to buy other investment properties. We didn't form a LLC at the time of buying. Now we're told that we should have in ord...
Sheryl Griffin
Business checking account
So what is the correct terminology when opening a business checking account when asked what I do? When I answered "Real Estate Investments", it raised a red flag, and it goes to the Legal Dept. for review. I never h...
Michelle S.
Seller Changes the Closing Attorney - Should I be concerned?
Hi BP Family, I am in the middle of closing a deal. The seller chose the closing attorney originally. Now, he wants to change from the original one to a new one. The reason was given as follows:" when the seller bough...
Stephen R.
Forcing a short sale
I'm new to BP and REI Scenario: I'm looking at a property that I intend on buying and renting. It's a 2BR, 2BA, 1145 sqft condo. It is currently in foreclosure, (or pre-foreclosure and subject to probate.) I am famil...