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28 May 2018 | 8 replies
I've heard of (1) another investor who has private lender financing to fund 100% purchase price + light rehab + furniture with 5 year term at 10%, (2) someone else who has an institutional line of credit for similar projects at 7.5%, (3) another investor who was able to raise a blind 10 yr pool of money for corporate housing properties at 6.5%.
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27 June 2018 | 6 replies
If the owner is a corporation, the name, address and telephone number of the president of the corporation shall be posted. [410.481]You can find the full PDF here: https://www.sec.state.ma.us/cis/cispdf/Safe_and_Sanitary.pdf
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1 July 2018 | 5 replies
@Teresia Saylerdouble taxation is normally referenced to corporations where a tax is paid by the corporation and again by the shareholder when there is a distribution.There is nothing that screams "double taxation" with a 401K.I would take a 401K loan over a hard money loan every time if given the option.
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28 May 2018 | 2 replies
Hi Steve,It also comes down to comfort levels of whether you like to micro or macro manage your funding pools as well as your own personal financial auditing style.You also need to keep legality in mind as to whether the property is setup under a personal or corporate entity in order to protect yourself or your personal assets etc.
8 June 2018 | 17 replies
I am a member and corporate sponsor of the SWFL Reia group.
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30 May 2018 | 2 replies
I've been listening to BiggerPockets for a while now, but am just now posting for the first time.Back in October of 2017, under the burden of a significant amount of student loans and the realization that corporate life isn't for me, I decided to make financial freedom my number one goal.
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30 May 2018 | 14 replies
Hey Bigger Pockets Team - I have done some research on moving my 401k from corporate America to some form of self directed venue.Like Dirty Harry - I am looking for THE GOOD, THE BAD and THE UGLY!
6 June 2018 | 5 replies
My general advice for fix and flips is to set up your business as an S-corporation.
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12 June 2018 | 41 replies
Stadiums and conference centers often prove to have negative net economic effects - basically government giveaways to private corporations that don't pay for themselves.
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4 June 2018 | 8 replies
National corporate guarantee among thousands of locations backing the lease seeing sales once every 6 months or a year can usually be okay.