Jovan Kitchen
Condo Purchase Opportunity; Hesitant on Purchasing
Hi, I currently live in Washington, DC in the Brookland; Fort Totten area. I currently live in a 8 unit commercial building that was built in 1942. My unit in particularly is only 381 sqft and has some updated featur...
Chudney Wesley
thinking of becoming a private money lender
I was approached by a well know flipper in my area. He is only looking for 15K. Here are the details, he is looking for 3 people to lend him 15k. He needs 45k to flip this property. after the property is complete he ...
Aaron Hunt
Can you gift part equity of a home each year to avoid gift tax?
Question for RE / tax gurus:If a property is worth $100k, can two parents gift 50% equity of a property to their child and their spouse in one calendar year (2018), and the remaining 50% of equity the following calend...
Anthony Greco
Subject to deal - POA alternatives?
Hi BP,Does anyone have any suggestions or solutions to the following scenario? You close a deal sub2, the lender is a small family owned business and they decide to execute their due on sale clause upon discovery owne...
Rachael A. Tanner
Nuts and bolts of private money lending help!
I am preparing to raise capital and I would like help understanding how to go about structuring and writing the terms of the funds.MY IDEA I want a $100,000 interest-only loan. I would invest this into a BRRRR. Then I...
Caleb L.
Wholesaling Advice. (Contracts)
Hello, I'm learning about wholesaling and I have a few questions. When you get a wholesale deal under contract, should I just bring the purchase and sales agreement that BP provides? Or should I bring the TREC contrac...
Cindy McHugh
Attorney Response Time - Is This Reasonable?
In July 2011, I sold a SFR in a small town in NC. The selling price was $87,900 and the buyers had a downpayment of $19k+. I financed the balance. The payments were to be made every 2 weeks (at their request, since t...
Daniel Miller
This one will be a bit of a challenge
Okay, I've gotten an application from another family. I don't have their financials yet (for some reason, though she emailed to application to me, she snail-mailed the other docs!?!?). I also haven't run credit chec...
N/A N/A
Newbie...Need Help!..Is this company for real?
Ok...so I saw this ad in Craigslist yesterday:
[i]Invest your CREDIT and make 30k- - No $ Req'd RE
If your looking for a great investment, and you have a 700 Fico or above
you can work directly with builders and e...
Joel Owens
Anyone use Quickbooks Online??
So I will be the first to admit I do not love the paperwork side.I love dealmaking,meetings,talking to people,etc.
I saw Quick Books online and was wondering if anyone uses it or what you use.The benefit is you don't...