I am not very knowledgeable in the areas of LLC's nor hard money loans. I am speaking with a hard money lender for the purpose of funding a flip. He says I will need an LLC in order for them to lend to me. Is this com...
Good afternoon,I've been reading Profit First by Mike Michalowicz and am going to set up the system just like the book tells you to do. I was wondering if anyone of you have tried this and how has it treated you? How ...
Hi,I have some personal savings and would like to use those to invest in real estate. But instead of investing in my personal name (for obvious reasons), I would like to use a S-corporation that I have formed to do th...
You can attack financial independence from one of two angles. You can create a strict timeline for achieving FIRE, or you can calculate your FIRE number and take your time with it. Which approach works best, and shoul...
Hello again BG Bloggers! (I posted this earlier in another forum on accident!)
I am looking for anyone who has experience or a potential POC for someone who may know or has used cross-collateralization to negotiate a...
Hi guys. I'm still in the "learning" phase of my investment journey. Although I have a lot of capital already, and plan to save even more in 2019, I wanted to know - are there tax advantages/disadvantages of opening a...
I am having coffee with a wealthy man who I know at least dabbles in REI as one source of income and was a successful business owner before retirement. The meeting is under the premise of "picking his brain" for infor...
I am soon to be closing on a property that my wife and I and our two toddlers plan to rehab and move into and rent out our current house. We are looking at about $60k in Reno and updates. Considering doing a hard mone...
Hello BP Community, I was surfing the internet the other day and came across a post where someone was advertising the fact that they were a private money lender. Just sort of on a whim, I shot them an email (it was a ...
Hello, I am looking for a private lender that is willing to take on long term loans. I am covered as far as my fix and flips/construction right now but they aren't willing to take on longer term loans currently. If yo...