Max Creasy
Primary or Investment Property?
7 July 2020 | 21 replies
Creating rental income defeats its own purpose if you are still paying rent to someone else.
Teresa Thomas
Investing outside of US??
20 July 2020 | 4 replies
This completely defeats the purpose.There are exceptions to rule number 2.
Mitchell Larsen
Financing and Acquiring loans
18 July 2020 | 1 reply
You will almost certainly be asked to sign personal guaranty's for any loans you get, thereby defeating a lot of the reasons for forming an LLC.
Shawn Collier
Can you BRRR a foreclosure buy?
17 December 2020 | 2 replies
They will try and use the purchase price as the rehabbed price for a certain period of time.. totally defeating the BRRRR method.
Henry Clark
Improve Bigger Pockets
23 July 2020 | 3 replies
This defeats/minimizes the suggestion of benchmarking.
Vernell D Watson
Private Lenders that do mortgages instead of just flips
7 August 2020 | 4 replies
That kind of defeats the purpose of using Delayed Financing doesn't it?
Josh Jackson
Financing Properties in an LLC
31 July 2020 | 29 replies
That defeats the purpose of the LLC.Note, it’s not that you have a commercial property.
Norman Alsumairi
Shine a light please
22 July 2020 | 1 reply
Hey BP Community, honestly feel really defeated right now because I had a deal of the century which woulda been my first deal but it fell through.
Jose Zaldivar
Retirement Roth 401k
30 July 2020 | 4 replies
The caveat is you can't invest your self directed account into your own deal because that would give you direct access to your funds which defeats the purpose.
Jimmy Lieu
How do I know if a repair would increase rental value?
31 July 2020 | 8 replies
Sure it will make the tenants happy which is important but you could end up losing money which defeats the purpose of updating and having a rental.