Cason Moore
Earnest money not used at closing but not disclosed
Had a buyer for our home put 2K in earnest money down. Closing date could not be met due to issues seling her home, which was not a condition of our contract. Extended closing with additional 2K earnest money, for tot...
Vincent Plant
1031 Exchange - Who to trust?
Looking for a good recommendation on an intermediary to execute a 1031 on 2 deals I am doing in PA. This is my first attempt at a 1031 exchange and I honestly feel a little weird wiring a boat load of money to some co...
George Gipson III
Brrrr Strategy Confused at Refinance part
Ok I am purchasing a dulpex for $60,000 it was listed for $75000 and rents for $600 each side. So do I need private lender or a conventional lender like credit union for my initial purchase of $60,000. With a regular ...
Jay Hurst
What goes into cash to close? What are closing costs and what are pre-paid items?
There is a lot of confusion about what comprises closing costs and prepaids and understandably so. I see a lot of posts on Bigger Pockets asking if I should refinance because my closing costs are XYZ. Often, these num...
Julia Trudeau
Private lending using self directed 401k
I presently have a 401k. I am wondering if I wanted to set it up to do private lending out of it and so set it up to be self directed, how do I handle the portion of funds that I don’t want to lend out?
For example,...
Eugene Lavatman
Fastest AND cheapest ways to accept payments from tenants
Hello BiggerPockets community, we have been accepting payments from tenants using Zelle, Venmo and Paypal. Zelle and Venmo requires tenants to have an American bank account. We can receive the payment INSTANTLY and F...
David Heyburn
REI newb, wanting to wholesale my neighbor's gingerbread house!
Hi BP folks,So, I'm new to real estate investing, but not new to real estate - have been in different RE service lines for much of my career, but new to the investing 'game'.I live in a quaint 'gingerbread house' neig...
Abel Vazquez
Hard money lending.
Hello everyone. I have a quick question for everyone.If I get a hard loan to buy a house that is only accepting cash offers can I refinance to a conventional loan after having bought the house?
RJ Dixon
Escrow dispute with Financial contingency
Hello BP! So I have a dispute with a seller trying to hold on to my earnest money. The money is only 5k but still. We had in place a financial contingency and Both lenders denied the funding for that property. I was t...
Frankie Betancourt
Buying from myself with a credit card
Hello is it possible to sell something online and use a credit card to buy that item for myself and then use that cash to transfer into my bank to buy a house? Because i have 20k credit limit and would like to turn...