Aaron Foster
Network, Wholesale, Flip using HELOC, now 1031 (all in 1 deal)
This house has been a journey; I live near DC but purchased a house in West Virginia with 42 acres from a wholesaler. I'd been friends with him on Facebook and chatted with him occasionally. He posted a cabin for $100...
Justin Woodworth
Need Help Analyzing New Construction Deal
Hey Guys and Gals,I need help analyzing a new construction deal I am very interested in pursuing. Since I have limited experience in this field I think it would be best to have you guys triple check my numbers! Here g...
John Ciallella
Can I buy in my name and transfer to LLC?
I have my first property under contract and my loan officer has been working with me for a couple weeks. She has the contract stating I will purchase under my LLC, however now she is saying underwriting considers it ...
Sam Poland
Financing first rental purchase
Hi everyone,I'm still relatively new to the idea of buying rental properties, and I'm having a hard time seeing how the payoff plan would work. My family and I live in Taipei, and we own a house in Massachusetts. We h...
Vincent D.
Investors Take Notice
As profiled in an article on CNN Money (http://money.cnn.com/2012/03/30/real_estate/FHA-loans/index.htm), the FHA is actually taking initiative to make it MORE DIFFICULT TO OBTAIN MORTGAGE LOANS. Even folks with perf...
Tam Nguyen
Best Practice for LLC Meeting Notes
I have several LLCs (holding company that owns LLCs in states where I currently have rental properties). I'm struggling with and have not found any good guidance on how to best keep minutes for my LLCs. Wondering if...
Curtis H.
Can bank block bringing loan current for Sub2 deal?
Hi guys, I have a post one page back with all the boring details on this Sub2 opportunity. Seller is willing to deal, and I think I have a 85% shot at getting it. Here are my questions...1) Can the bank NOT let me bri...
LaRon Phillips
To pay off student loans or not to pay off student loans? That is the question
Hello,I had a discussion a few weeks back with some friends about finances and such. They are both married and are home owners. I on the other hand am single and still renting. We are all physicians in our mid 30s ...
T. Alan Ceshker
Wraps and due on sale clause
I want to start a discussion re the due on sale clauseWe are seeing more issues re lenders calling notes due. Some because of mistakes with insurance. But, some due to lenders looking.One lender/servicer is HomeLoan...
Karen Margrave
FUNDING REAL ESTATE PROJECTS
There’s nothing more critical to investing than finding money/funding, etc., and I know that I, and many other BP members would like to learn from those with different experiences. As a developer, there’s always...