Melissa Stanley
Starting with a Friend (LLC?)
28 January 2025 | 6 replies
My business partner owns a roofing company but has weak credit and more limited cash flow.An LLC is a common choice for partnerships since it protects personal assets and simplifies tax management.
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
19 January 2025 | 119 replies
@Hansen TongI recommend finding an accountant that specializes in real estate taxation.
Account Closed
Will a seller financed deal show up on buyers credit or considered on debt to income?
14 January 2025 | 7 replies
It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?
Alex Patton
Refinance DSCR Advice
28 January 2025 | 10 replies
Rate will also be in the high 9s depending on PPP and credit.
Michael L Aquino
Architect / PM specializing in Custom Residential Homes - New to BP
1 January 2025 | 0 replies
I'm a Project Manager at an Architectural Firm specializing in Custom High-End Homes.
Bree Jimenez
Hi everyone, excited to be apart of this community.
28 January 2025 | 22 replies
I have over 30k coming in very soon and working on credit score.
Shayan Sameer
Business Loan or Credit for Fix & Flip Projects
9 January 2025 | 6 replies
Credit cards have the same limitation on the amount you can borrow and will likely end up costing more than private lenders.
Ricardo Navarro
Flip in CLE
15 January 2025 | 9 replies
intrest free credit cards and cash How did you add value to the deal?
Kyle Carter
Impact on Credit Score
3 January 2025 | 2 replies
Seller financed (probably) won't be reported to the credit bureaus and so won't impact your credit score at all.
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
I finally understand that credit card payments are exempt from needing to send 1099's.