Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 3 months ago on . Most recent reply

User Stats

2
Posts
0
Votes
Ryan Theys
0
Votes |
2
Posts

Looking for recommendations on funding for fix and flip

Ryan Theys
Posted

A friend and myself are looking for the best way to get funding to fix and flip. He has some real estate experience. We both have construction experience and a group of people that are very experienced in hone remodeling  and the time and the drive to make it work so we have been talking about getting into flipping. And the main thing we aren't sure about is funding. What is best and who is best to deal with 

Most Popular Reply

User Stats

1,191
Posts
771
Votes
Sean O'Keefe
  • CPA | Accepting new clients | 50 States
771
Votes |
1,191
Posts
Sean O'Keefe
  • CPA | Accepting new clients | 50 States
Replied
Quote from @Ryan Theys:

A friend and myself are looking for the best way to get funding to fix and flip. He has some real estate experience. We both have construction experience and a group of people that are very experienced in hone remodeling  and the time and the drive to make it work so we have been talking about getting into flipping. And the main thing we aren't sure about is funding. What is best and who is best to deal with 

Most REI that flip have S-Corp or LLC with S-Corp election.The reason behind this is that flips are active income and it can help to reduce self-employment taxes on flip capital gains. 
.
.
.

*This post does not create a CPA-client relationship. The information contained in this post is not to be relied upon. Readers are advised to seek professional advice.

  • Sean O'Keefe
  • [email protected]
  • txt 6282410888
  • Loading replies...