Hi, my partners and I are looking to buy a small to mid-sized multi-family property, but my one partner is also in the process of purchasing a car for $25K. To give you a background, he has no mortgage/rent payments, ...

Bigger Pockets Community,Lately, I have been submitting offers to sellers asking them to carry ~25% LTV (i.e. the down payment amount). This allows less investor capital to be put down on a property while getting the ...

Hello everyone,

I’m a total newb when it comes to real-estate industry, but I soon hope to change that. I’m considering changing profession, I’m sure the pay won’t be as great as my job now, but I’m sick of sitting i...

My journey of trying to start a successful business started 3 years ago when I had no clue as to what types of business opportunities existed. I've gone through trying and failing many times, but I also have experienc...

Hey BP Community!As I am forming a strategy to begin financing deals I wanted to know if there was an advantage to using conventional loans until I am maxed out at my 10 mortgages (thanks Fannie) or should I go right ...

I found this article interesting as I have been involved in title claims on numerous occassions. In this case, because the bank handled the recording of the mortgage and the bank was careless in its process they denie...

I am looking to become a "Wholesaler", but there are a few things that I want to make sure I do right. There are alot of so called Wholsalers out there, and I would rather not go down that path. I know that it takes t...

Hello everyone,I have a question that been bothering me for quite some time. I’m hoping some of you with more experience can help spread some light on the situation. I’ll try to be to the point.For years I’ve been r...

Hello,I am trying to find a solution to do a cash out refinance on a property in Nevada purchased 2 years ago, recently appraised for $192k and that does not currently have any mortgage on it.Because I own more than 4...

Its LLC entity, will issue K-1 for each partners.

Passive income for passive partners - Should it be categorized as ordinary income just as the active partner, or should be short term capital gain? The project is a f...