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21 February 2024 | 7 replies
This is one of the main reasons people go with DSCR Loans or other similar options versus conventional - ability to do LLC, especially with the BRRRR Method (which sounds like what you are doing).PS - heres an article published on BP which includes pros/cons/differences on financing options for BRRRRR hard money/refis https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...
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21 February 2024 | 1 reply
This will give you an idea of the average sale price and what you can expect to get for the property if you make the necessary repairs and upgrades.Property History: Look into the property's history, including any previous owners, liens, or legal issues.
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20 February 2024 | 6 replies
We are seeing some of the best deals on SFH and small Multifamily for those with 1031, cash or clients willing to put a little more on the down payment to break even on little cash flow.
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21 February 2024 | 14 replies
Do they include property tax and estimated income tax from the projected profit?
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21 February 2024 | 11 replies
They are being "sold" on real estate providing so much tax benefit that it includes deduction against their regular income...
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18 February 2024 | 7 replies
Hello, I'm new in this space and I'm looking for any investors in this area. Maybe I'm in the wrong room or just not enough people from Cali on this platform. Please let me know
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20 February 2024 | 15 replies
Examples includes a Newport six plex for $645k, Two small detached homes on a single lot in Lakeside for $237,500 and a north coast duplex with very large 3/1.5 units for $560k+/-.
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21 February 2024 | 10 replies
Also, you will need to build a solid team, including a VA-savvy real estate agent.
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21 February 2024 | 17 replies
Also is access to AirDNA included in my Pro Subscription?
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20 February 2024 | 4 replies
In a work/money fix&flip partnership:The silent partner provides $1M.The working partner does all the work, including securing an additional $1.4M in financing for the LLC.The working partner keeps 2% of the capital immediately ($20k).After all rehab, fees, and finance expenses are deducted/repaid, the working partner takes 45% of net profit and silent partner takes 55%.You can assume the working partner has experience and it's not a take the 2% and run scam.