Brian Kraft
TRID and Inflexible Sellers -- Deal Blowing Up
Man, today has been frustrating. I'm supposed to close on the purchase of a duplex in Aurora, Colorado this Friday, but my lender dropped a bombshell on me today. I'm fully approved, but they are saying the red tape t...
Bienes Raices
Proof of Funds for LLC
For an offer made by an LLC, will the banks accept a POF of your personal funds, or does the money actually need to be in the LLC's bank account at the time the POF is given? Thanks.
Nicole S.
CMHA requirements - hard to raise rents?
Hi BP'ers!I have made an offer on a duplex in Euclid, OH that was accepted. I just found out both tenants have been there 7 years on CMHA leases. The current rents are $100-150 under market rent with one ending in Mar...
Susie Wyshak
DSTs / alternatives for senior rental property sellers
I was just perusing the DST posts, hoping they were a "silver bullet" for solid returns for older rental property sellers. They seem potentially expensive, confusing, inflexible and...maybe lucrative?While I know an a...
Laurence R. Smith
Banks vs. Private Money Lending: What's the Difference?
When it comes to borrowing money, you have choices. Here's a quick breakdown of the differences between borrowing from traditional banks and private money lenders along with some perks of private lending.1. Approval P...
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The Secrets Of FSBO:
When it comes to buying or selling any property or a home, two types of ideas may come to the mind. Whether you should appoint an agent for selling your property or should you do it yourself depends on your personal a...
Jossue Alfonso
SBA 7a vs Conventional commercial Loan ?
Hello everyone. New to investment and the BP community!Im in the process of buying a commercial office condo for my business.I have been offered 100% financing thru sba 7a loan ( 25 yrs) or conventional loan (20 yrs )...
Account Closed
Becoming an agent
Hi folks, My wife is tossing around the idea of becoming an agent. She really needs to take the classes online (not due to time constraints or an inflexible schedule) but Delaware is a state that apparently doesn't ...
Pete T.
commercial lending in Virginia beach
not sure if this is the place for this, but looking to generate any good leads for commercial lending in Virginia beach. We haven't had great experiences so far. Pm is likely the best method to avoid solicitation al...
Chukwudi Motanya
Tenant Screening
Hey all,About to hire a property manager for my first property, and even though I will be working with them to find a tenant for the house, I want to know in general what criteria you guys use to screen for potential ...