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A couple of my friends are starting out to invest in RE. We couldn't decide whether to go in with our individual names or form a partner LLC. Can someone give us some guidelines which is a better way to go?
For mini...
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Hi my name is jonathan I'm 23 years old and currently a full time worker in the hospitality industry. Super motivated and interested to learn and making money from real estate investing. Have the cash to get started j...
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I am still trying to understand the foreclosure process. If a homeowner has a house that had gone to a Sheriff's Sale and then been bought back by the bank- does the Homeowner still have rights to sell the home? Or ...
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Let’s say a property goes to court ordered judicial sale and 1st mortgage gets foreclosed. In general anybody who purchases the 1st mortgage should be fine as far as other liens but …lets say there are also 4 court do...
Dear Members,Does anyone know of an Illinois RE Attorney who is an expert on HUD contracts, and has the ability to craft iron clad contingencies for Wholesaler contracts? I have contacted a few Lawyers, but received n...
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I have developed a passion for thoroughly understanding investing and real estate. I'm prepared to make my first investment from a credit/financial standpoint, but I want to ensure it's a sound decision. I feel I ne...
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I read BP for several hours every day (broken up in pieces, but smartphones are a beautiful, terrible thing), and I regularly see people listing "freedom of my time" as one of their big motivations when it comes to RE...
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I have a property that has been passed to me and my partner. The thing is in order to get the property in my buyers hands I have to pass my contact to that wholesaler. The wholesaler that gave us the property address ...
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I'm researching investing in tax liens in my county (DeKalb County Illinois). I understand the basic concept, but looking on the county website on the FAQ page I found something confusing. Once a year they hold a de...
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My little brother is pre approved for 140k FHA loan. He's looking for an investment. He makes decent money and travels for work a lot. He's not looking to stay in the corporate world forever so he's looking to buy ...