Kristine Eickman
If you deny borrower...
This question is for private lenders/HML. If a buyer uses your POF to enter a contract and you then decide you are not going through with the deal...how does the borrower know that. With a typical bank you would get a...
Account Closed
Have investor pay into LLC or directly company directly?
Hi everyone, I basically have a friend paying for an investment property which we will flip and then share the profit. My question is - do i have him pay into the LLC and then pay the title company from the LLC? Or ...
Stephen Dominick
Conflicting Opinions on wholesaleing
I have been studying the wholesale strategy for a little while now and in my research here on BP I have definitely run into conflicting opinions. 1) Build your buyers list first- find the criteria wanted and go find ...
Sean Winfield
New Member from Cincinnati
Hello Biggerpockets Members!I'm excited to be a member of the Biggerpockets community! Long ago, I called myself trying to start working as a real estate investor, but was not successful. The reason was commitment....
John Yoo
Refinance multiplex (4 units)
I purchased 4 unit property in 2022. Purchase price was 250K and rent was $2225. Now all the rents are near the market rent (i.e., $4041). I didn't do any rehab but replace the flat roof.So here is my question. If I s...
Richard Palmer
Looking at my first multifamily
Hi everyone. This is my first post. I have been reading alot and learning a ton. Obviously with any risk there is some fear, especially when you make the move. I have a few books on the way to help me; "Rich Dad Poor ...
Steven J.
Multi-family: verifying numbers
I've located a multiplex in my area but I'm not sure where to locate the information needed when investing in multi-family units. For example, is the selling agent going to have the information necessary to figure out...
John Thedford
You Can't Get Blood Out Of A Turnip??
Dummy me. Waiting WAY too long to put my foot down on a delinquent tenant. Got caught up in school, etc. On Wed June 21 she stated she had mailed the rent. As of Saturday, June 24, no rent received. On Sunday I held a...
Lynn Knaak
Washington laws regarding wholesaling
I need to know if I would need a license in Washington State to wholesale, I’ve had people tell me you don’t need one and others saying you do need one. Ive tried finding the answer for myself but no luck so far. My p...
Greg M.
I bought property at HOA auction.....looking for advice !!!
I started renting the home my family and I presently live in 5 years ago.Never being late on a payment I started getting forms delivered to my house that stated an auction was to be held for the property.I notified th...