Terry Portier
Foreclosure Due Diligence Q & A
In looking at a bank owned REOs, courthouse steps or online auctions like auction.com, HUD, etc, or just wanting to understand basic REI principles, please provide some insight and correct me if I am wrong so far.
1...
Rick Turman
Going To Make The Leap: Funds Struck Help
It looks like our HELOC option has fallen apart,To our successful past experienced investors:What are the other options you have used? I know we are pretty much up against LOC's and or Mortgages at this point. Hard ...
Myriam Keaton
Private money loan to investor for property in California
Hello,I have a lending opportunity coming my way. I'm new to this and I'm not sure of all the precautions I need to take, apart from running the numbers on the property, and working with an investor who has a solid tr...
Scott Price
Lender taking annual personal credit reports on commercial loan!
Hi, I just ran into an unusual situation and was wondering what experience others have. I have had multiple commercial loans over the years, and many now require a fresh set of financial statements, rent rolls, etc. ...
Jim M.
Deductions for a newbie
So I am a brand-newbie at this, have not done a deal yet. I realize that the very first thing I need to do is educate myself, which will probably take several months (which will put us into the next tax year) before ...
Tim Johnson
Renter started a daycare
Hello BP! I have a situation I'm not sure how to handle. I have a couple renting my sfh. Last fall they were falling being in rent an having to pay late fees. But since December they have been paying on time. I f...
Fandor Malebranche Jr
newbie from Philadelphia, Pa.
I currently just went in business with two friends to flip homes. We working with our savings but not a whole lot, we need some insights and great deals to obtain our first property in Philadelphia. Auction is our nex...
Nicholas Lohr
Can someone tell me if this is accurate regarding LLC's please!
For my first deal I had to take title and mortgage in my own name as the bank would not lend to the LLC. However I do keep all the property's income and expenses in and out of an LLC that I formed because someone told...
John Public
Which is safer for long distance apt ownership
Hey guys, I'm about to enter a partnership with a group of investors to purchase a 100+ unit apartment building. We haven't yet finalized what property we want to buy (were still in the finding a deal stage), but I w...
Kar Sun
Clauses in a contract
Greetings all.
I want to add several clauses to my contract :
1. Unacceptable conduct, such as engaging with multiple neighbors and disclosing terms of my contract to parties other than creditors or banks and libelo...