Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
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

All Forum Posts by: Matthew Bernal

Matthew Bernal has started 38 posts and replied 71 times.

Post: Looking for people who want to buy subject to or creative finance

Matthew Bernal
Pro Member
Posted
  • Investor
  • Carmel, IN
  • Posts 82
  • Votes 28

Thanks for being proactive by highlighting your services, Aidan. 

I'm interested in learning more. Please check your inbox. 

Thanks!

Post: Business Line of Credit to purchase Real Estate

Matthew Bernal
Pro Member
Posted
  • Investor
  • Carmel, IN
  • Posts 82
  • Votes 28

Let's try and get on the phone today. I've got something even better.

Post: Closing On A Property, But Need More Time

Matthew Bernal
Pro Member
Posted
  • Investor
  • Carmel, IN
  • Posts 82
  • Votes 28

I hate that I am only seeing this now! Our strategic approach was to capitalize on the equity gain, stabilize via Bnb revenues, cash our partners out with a DSCR loan.

How is your year kicking off?

Post: Looking for Hard Money Lender in Missouri

Matthew Bernal
Pro Member
Posted
  • Investor
  • Carmel, IN
  • Posts 82
  • Votes 28

Do you own any other properties? 

Post: 2669 N Palmer - East Milwaukee Buy/Hold turned Fix and Flip by Rada Duvall

Matthew Bernal
Pro Member
Posted
  • Investor
  • Carmel, IN
  • Posts 82
  • Votes 28

Congratulations!

Post: Trusts, LLCs, and AirBnBs

Matthew Bernal
Pro Member
Posted
  • Investor
  • Carmel, IN
  • Posts 82
  • Votes 28

To be fair, Mr. Konipol, it's only 4 entities, but I'll humor you. How do you structure your entities?

Post: 100% Financing on Fix and Flips and Ground Up Nationwide

Matthew Bernal
Pro Member
Posted
  • Investor
  • Carmel, IN
  • Posts 82
  • Votes 28

Do you guys offer white-label programs for partners? I do my own investments and have a pretty robust network of investors who would love these products and your mission. Let's connect! 

Post: Question about refinancing a HML into a traditional/DSCR loan...

Matthew Bernal
Pro Member
Posted
  • Investor
  • Carmel, IN
  • Posts 82
  • Votes 28

Great question! 

My initial thought, and hope, is that you purchased the property because it has high upside potential, and that after stabilizing the asset, you'll be in a better position. I'd be more than happy to take a look at your deal and brainstorm solutions with you. 

I'm sending you a DM now. Hope to connect! 

Post: Cash Buyer investor looking for fixer upper and motivated seller.

Matthew Bernal
Pro Member
Posted
  • Investor
  • Carmel, IN
  • Posts 82
  • Votes 28

Thanks for the post! Are you and your team interested in joint venturing or PML? Would love to talk about how we can work together! 

Post: Trusts, LLCs, and AirBnBs

Matthew Bernal
Pro Member
Posted
  • Investor
  • Carmel, IN
  • Posts 82
  • Votes 28

Hey BP Fam! I hope that everyone's 2024 is off to an outstanding start!

I was fortunate enough to get a property under contract at a great price from mentors of mine. They had suggested using a trust to hold the asset and I like the idea! 

As I was prepping my chart of accounts, though, I realized that I was unsure as to how to best structure the cashflows. Here's my basic structure:

Irrevocable Living Trust (The Protector) --> Holding Company (The Unifier) --> Aquisition's Company (They "Buyer") --> Operating Company (The Asset)

My question is how should I structure this asset on a banking level? Should the operating company pay the Trust? The property I am closing on includes $110,000 in non-real assets, where should those liabilities be held? My goal is to give the most accurate financial representation of the asset's performance? 

Please assist!