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Not Getting the Hud-1 thing! If I am double closing using flash funding in the 1st transaction then 2nd closing with investor that brings all cash, why is hud-1 involved in second closing? Doesnt hud-1 have to do with...
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Hey BP community,Been a lurker for a while and constantly reaffirming to myself that networking and helping each other out will lead to success. I'm looking forward to working with each of you on BP since it has provi...
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A Seller who is a family member is offering that instead of going to closing with a title company to just process the deed at our city hall since he has done this once before. Since this is our first closing as a comp...
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Hello,I have been working on a investment plan and would like some guidance. I want to purchase a property with cash from a IRA and put the IRA and myself as percentage owner on title. I spoke with the self directed I...
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Investment Info:
Single-family residence buy & hold investment in Baltimore.
Purchase price: $52,000
Cash invested: $30,000
I got this deal through direct marketing to the seller, who was a tired...
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Hello! So I am recently starting a career as an analyst and I need to start making decisions as far as my 401K is concerned. I have this idea that I'm not sure is good/ bad or allowed with 401K's. I will explain my...
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Hello All,Good News:After some minor setbacks, including an AC leak in the attic that ruined a 5'x4' section of my ceiling two days before we were supposed to list on MLS, my first flip in Houston hit the market! I re...
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I was just pondering my ability to become a personal hard money lender, and what might be required of me? Now Im not trying to Become a PML investor for another person's company, or use my Self directed IRA... Simply ...
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My tenant recently requested my bank info so he can do an electronic rent payment. I'm guessing he will need my routing number / account number. I'm hesitant to give it out without first consulting here. Anyone kno...
I have a 24 unit property that I have been negotiating with the seller on for months now. With the banks being as tight as they are and not having a large amount of money for a downpayment I am thinking that a Master ...