Recommendations for legal counsel specialized in RE transactions? Financing fell through due to loss of job mid-transaction. Financing contingency in PA is checked and clearly states EM to be returned to Buyer. EM was...
Hello BP !!So I recently hired a floor polisher to polish a Terrazzo floor i have on my current and first flip deal. We agreed to pay $2000 for the entire job. Midway through the job he asked for a partial payment. Co...
Anyone familiar with or ever received a Memorandum of Acceptance from an angel investor? If so how did you go about verifying authenticity, I do not currently have the capacity to spend thousands for legal counsel.Tha...
Hello!I am in the process of purchasing a mobile home park and I would like the advice of an attorney on forming a partnership. I am also curious if this needs to be an attorney in the state we are purchasing the park...
Hello all!
We are not seeking legal advice here but in theory, could an LLC or LLP with several partners become a private money/hard money lender to REIs in need of capital? Thanks for any insight!
-John
Hello,I understand seeking legal advice should be done with a real estate attorney. But just curious about verbiage and disclosures you all include in your purchase and sale agreements to help avoid lawsuits/legal act...
Hey BP crew. Brandon from Toronto here. I have a couple of properties in Canada and last year, opened an LLC and purchased a duplex in Detroit. For obvious reasons, I employed the use of a management company and have ...
To Whom This May Concern:
In entering into a deal with a real estate syndicator operating in Pittsburgh, PA, as a lender, I want to ensure that the terms of our contract are fair and are protective of my interests. B...
I paid $8,000 to a "hard money lender" for an appraisal. The appraisal company finally received a payment and the check is unsigned. What recourse do I have?