Can the operating agreement be drawn up before the LLC and bank account is created?

Hello,I am looking for some advice. I entered into a purchase agreement (with 3-4 extensions) to buy a commercial property from an LLC (a married couple and another individual as sellers). The current extension ends i...

Hello everyone,A client closed on a cash-out refi on 12/26/23 and we received the final settlement statement that morning. The lender's payoff amount was good through 12/31/23. He used a hard money loan for partial pu...

Hey everyone I have a seller financing deal that I’m getting ready to close on and it’s one of my very first deals ever, because there’s no agents credit checks and all stuff associated like that what goes into the cl...

My wife and I are both W-2 employees. We just started working midway through this year between a couple different jobs. I have held two jobs and she had income from our university in the form of scholarships and one j...

Good Evening BP Community,Heres the deal; I have started a yellow letter campaigne for equity owners 1995 and below.  Short list but, I am looking for some equity to be in place for some wholesale deals.  Lets say its...

I am so confuse how escrow works. somebody explain it. and can i get the money from the lender for the whole deal. the deal is i talked to the lender he said he can loan me $50,000 for the house the owner is accept...

It's the nature of real estate investing that many of our deals have title issues that need to be cleaned up prior to close. It used to be that 2 or 3 out of 5 deals would have some sort of delay because of something...

Can tenants be forced to pay back the credit they received off of their PGE electric bill because of the solar panels on the property?

Good Afternoon, I am renting out my condo in New Jersey and am going to have it managed under a LLC. However, I am unsure that my lender will allow me to transfer title from myself, to the LLC (I am the sole owner and...