
17 October 2024 | 3 replies
The main differences I can spot are the fact you will have 5 separate tax parcels/ID’s to pay and you will finance the property using a blanket mortgage.

16 October 2024 | 7 replies
There are tons of disadvantages to real estate in an S corp.Also, one main caveat to an S Corp is requiring to pay yourself/shareholders on payroll.

16 October 2024 | 13 replies
tax advantages for multifamily investors fall around this concept of "real estate professional". i wouldn't touch life insurance for this purpose.

15 October 2024 | 6 replies
Add 50% (yes, 5 0) above what the contractor quotes you for underwriting purposes.

16 October 2024 | 9 replies
Hey Bryan, If you are in search of a non traditional business purpose loan there are DSCR based 2nd Mortgages (Must be an investment property) Or Hard Money 2nds on Primary Residence (Funds must be used for business purpose).

15 October 2024 | 10 replies
So I’m in a bit of a bind, I have a duplex I’m house hacking we remodeled entire thing, new hvac, electric panels, electric main, updated plumbing, water heaters, furnace, install central air, roof.

15 October 2024 | 21 replies
It’s very common since it’s considered a business purpose loan.

14 October 2024 | 8 replies
Does anyone have advice for the following:Is it a good idea to explore whether to rent out multiple rooms in single-family residences for the purpose of acquiring adequate cash flow:Does BiggerPockets Pro provide a way to find demographical data on specific sources and motivated sellers?

16 October 2024 | 6 replies
1000% consulting with an attorney this question if protecting assets is the key purpose here.

15 October 2024 | 5 replies
.- Selling now would give you immediate cash to reinvest or use for other purposes.### Renting the Property- With a projected rent of $1450, you need to calculate the Debt Service Coverage Ratio (DSCR) to ensure it's viable