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All Forum Posts by: Michael L.

Michael L. has started 49 posts and replied 223 times.

Post: Out of state wholesale transactions

Michael L.
Posted
  • Investor
  • Posts 252
  • Votes 52

Salute Bpers🫡!


When doing an out of state wholesale deal, is it necessary to have a local attorney to make sure the contract that I use in my state is on par with local laws and regulations? Or is it best to just download one of their local contracts from the internet?

Thanks all👍🏻!

Post: Property Insurance Question

Michael L.
Posted
  • Investor
  • Posts 252
  • Votes 52

@Owen Rosen, that's what I was thinking but thanks for the confirmation🤝🏻.

Post: Property Insurance Question

Michael L.
Posted
  • Investor
  • Posts 252
  • Votes 52

@Benjamin Aaker, thanks for the advice. This will help out tremendously when I start shopping for an agent. Now I know this is most definitely something I need to inquire about when considering different policies.

Post: Property Insurance Question

Michael L.
Posted
  • Investor
  • Posts 252
  • Votes 52

Good afternoon BPers🫡,

Will property insurance pick up the tab on something like vandalism or does the policy have to contain some type of clause built in regarding this matter? 

Post: Heloc on a primary

Michael L.
Posted
  • Investor
  • Posts 252
  • Votes 52

@Elias Halvorson, now we're on the same page👌🏼! Thank you for this info...

Post: Heloc on a primary

Michael L.
Posted
  • Investor
  • Posts 252
  • Votes 52

@James Mc Ree, this was super helpful. Thanks bruh🫡!

Post: Heloc on a primary

Michael L.
Posted
  • Investor
  • Posts 252
  • Votes 52

@Elias Halvorson, though you didn't answer my question, I do much appreciate your feedback as it helps me to grasp more of the process💯.

Post: Heloc on a primary

Michael L.
Posted
  • Investor
  • Posts 252
  • Votes 52

Good day mates🫡,

I was told that you have to be in your residence for a certain amount of time before you can get a heloc on it. Is this a fact, and if so, what is the time frame?

Post: Back to school!

Michael L.
Posted
  • Investor
  • Posts 252
  • Votes 52

@Chris Seveney, thanks "ol chap"🫡!

Post: Back to school!

Michael L.
Posted
  • Investor
  • Posts 252
  • Votes 52

@Jared W Smith, awesome breakdown💯! I appreciate the feedback.