17 May 2024 | 9 replies
If the lender is requiring you to put 30% down on a flip, its likely because the deal itself doesn't look great and they would want you to put more 'skin in the game'.
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19 May 2024 | 7 replies
@Daniel Stoychev for me personally I’m open to investing most anywhere if the deal is right by the choice between Cook County or not Cook county I will always go with not Cook County.
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18 May 2024 | 2 replies
I personally don't like condos for a rental property.HOA feesHOA rules that can change.
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16 May 2024 | 8 replies
So instead of paying the bank for a home equity line of credit on my first home and paying them interest, I was able to use a personal loan to myself via my employer 403b and pay myself back with interest.
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18 May 2024 | 15 replies
Correct, which means that "not on your personal record" is not actually factual.
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17 May 2024 | 2 replies
My game plan is to do a house hack as I have very little capital.
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19 May 2024 | 11 replies
I personally don't have enough funds to come out of pocket.
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18 May 2024 | 1 reply
He said, "I know it doesn't cash flow - but I just want in the game!"
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20 May 2024 | 28 replies
Wouldn't the same capital gains tax liability exist if I kept the property in the s-corp and sold it in 10 years vs. moving it out of the s-corp (into my personal name or an LLC) and selling it in 10 years?
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17 May 2024 | 8 replies
I also know that in many cases the llc will protect my personal assets and I fully believe this is either analysis paralysis or just fear of failure.