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4 October 2024 | 9 replies
I would consider how much involvement you want to have for your investment.
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6 October 2024 | 0 replies
Thanks so much!
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4 October 2024 | 4 replies
Get your funds and do the needful things so the primary can be financed by a future buyer, or can be rented.
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8 October 2024 | 22 replies
I accepted and prorated the amount that would be needed to move in.
7 October 2024 | 8 replies
Good luck on your journey and feel free to reach out if you ever need any guidance or advice.
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9 October 2024 | 5 replies
Happy to help discuss more or run through some scenarios if you need any help with anything.
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7 October 2024 | 3 replies
My goal is to avoid getting into something with crazy high interest rates, but I’m also realistic about needing to be flexible given my unemployment.
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7 October 2024 | 2 replies
These deals are much easier to get locked down and offer more options for disposition strategy, but would rely on a qualified buyer pool who would be earning more than the six figures through w2 or a business.Benefits:- No Down payment deals- Seller carries 25-50% of purchase price- Lower interest rate than banks.
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6 October 2024 | 2 replies
Hello Noah, Thank you very much for the comment and the opportunity.
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4 October 2024 | 8 replies
Hi Folks,Need some clarification on this complex topic.There is a lot of discussion on these tax nuances in BP forums, so I am happy to read any particular thread you can point me to.Basically I have a W2 (above income limits) and I am a General Partner in a multifamily deal.I have received 2 K1s from this deal (one as a GP) and another as an LP (since I put in some of my own money).Am I allowed to take the K1 losses from this deal to offset my W2 income?