AJ Wong
How & Where to get the best AirBnB mortgage for vacation rental investment property
In today's real estate investment market the mortgage matters. For those not purchasing with cash, assessing income or cash flow can often come down to the terms of the mortgage financing for an AirBNB or Vacation ren...
John Park
What do you do with Cashflow?
I am new to investing, as I have bought my first 2 houses in the latter half of this year. I guess I didn't think this part of it through in detail before starting my new business, but, as stupid as this question may ...
Cole Shawd
Tax Savings on Commercial purchase
Buying my first commercial property in South Dakota. I talked to my CPA and he stated that there isn’t any tax benefits to purchasing this property INITIALLY. Is this true or is anyone aware of tax savings or reduct...
David Finley
7 streams of revenue
In listening and reading BP Forums. I have heard that you need to have 7 streams of revenue. What are some streams of revenue you use? for me as of nowW2 jobUber/LyftResidential rentalCommercial rentalNotary service ...
Matt Gogh
Partnership - Ways to hold title, conventional financing required
Hello BP friends!I am planning to partner with a friend who will provide 20% of money for the downpayment, while I get conventional financing for the 80%. My question is: How do we legally structure the partnership to...
Account Closed
Self Employed Certification
I was told by a mortgage person to get a license or certification to tell that I am self employed to get a second line mortgage. I dont want to do anything illegal. Is this illegal?
I dont have enough income coming i...
Aaron Corleone
Are students a protected class?
I live in Pennsylvania and just refurbished a home. It's near Penn State and I don't want students in there partying and damaging the property (because that is why I had to refurbish it!). I'm wondering if I can ask m...
Srikanth Vadlakonda
Private money from friend but what taxation use it for housing?
My friend wants to give 100K loan to my LLC from his LLC (no interest) . And I want use that money for my housing flip investment. He wants to give that as 1099 but that will be my consider as income to me. I am going...
Gaelan Bellamy
Ran rent/expenses through llc that doesn’t own the property...
I have a passthrough single person llc that I ran rent and expenses through for a property that I personally own. In retrospect, I should have done this through my personal bank account, but what’s done is done! Tryi...
Tyler Goulden
Getting preapproved
How hard is it to get approved for an FHA loan or a 203K loan with a very low income?