I've heard conflicting information on this one. I've heard (I think on BP Podcast) you have only possess 10 mortgages. But my tax preparer tells me that you can own as many as you want...similarly, few people on here...
Hello BP members,Thanks in advance for reading this post. I am writing this to seek support, advise and referral.I am a private lender and loaned hard money to a flipper with a signed promissory note secured by deed ...
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Hello BP,I currently have a personal loan lined up with a trusted party. I've done a personal loan before and have a promissory note drawn out and agreed upon interest and repayment terms. The intent is that this loan...
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I'm looking for information about how I should go about purchasing a commercial retail/office building. I did not believe that I would be able to purchase something like this for a while let alone have the opportunity...
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Is year built very important when running comparable sales on a house? Everything else about the comps came close enough to being a good match to the subject property except the year built. Let's say the subject prope...
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I have been doing some deals in the last few months with great success. It involves mobile homes on land and I don't hear other investors talking about this strategy. I wanted to share it, break it down, make it bette...
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Hi all,A friend of mine and I are planing to partner up and fix and flip properties. We plan to put down payment together, get a hard money loan, rehab and then sell properties. I am an experienced buy-and-hold invest...
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HI Bigger pockets I'm a newbie here and just starting out. I'm currently try to form an LLC and am going through process now and should I elect to be taxed as an LLC or Corporation? All we will really be doing is the ...
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I'm new to the RE business but one thing I've found is I'm having difficulty finding reliable comps.
Where do you run your comps? Are Zillow and Trulia worth bothering with?
What criteria do you use? Distance, when...
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I'm having a hard time valuing seller financed deals. I've had a few come accross my plate, and I'm thinking I had it valued lower than I should have. I understand a couple good rules of thumb:
Cash Deal: AR...