Gerald Lunetta
Cash out Refi in a LLC
I just got a property under contract. It doesn’t need much work, after I get it rented I want to cash out refi. I’ve read a few things saying it’s hard to do a cash out refi under and LLC so should I just put the prop...
Michael Plaks
No, partners cannot be compensated with a W2 salary
After answering this Q for the 100th client, I decided to make the answer public. The situation: You are one of the two partners, and you work pretty much full-time as the project manager for the company. Your partner...
Account Closed
Pro-Forma Service NEEDED - Advice & Honest Reviews - WHAT DO YOU LOOK FOR IN A PRO-FORMA?
I work for a turn-key provider in the Chicago-land area. For years we have been using a website called Real Yields to build pro-formas on all of our single-family investment properties (we sell 6 every week). I haven'...
Travis Howser
US Citizen Working Abroad Needing to Pre Qualify for a Loan
I am a US Citizen, I pay US taxes but earn Foreign Income. I can provide bank statements (both in the US and Internationally), proof of pay from Foreign company, and have a high credit score. I am in the process of ge...
Ara Abrahamian
Onerous Terms for Commercial Multifamily Loan
I'm about to close escrow on my first commercial multifamily property (>5 units) and I'm a bit surprised by some of the terms that are in my loan documents. Curious to get perspective from more seasoned investors /...
BW Miller
Foreclosure Auctions and Encumbrances
I'm investigating a possible property purchase through an online auction. A lot of online FAQs and websites talk about possible encumbrances attached to the asset, be it a mortgage, or a judgment or a tax lien. For ea...
Benjamin Haberman
Setting up a rental portfolio business
Hello BP community,I currently have a friend who wants to invest in SF rental properties. After explaining the cash flow some of these properties have in this certain area, he couldn't believe it. He asked me to draw ...
Jim Peret
SD IRA and UBIT/UDIF taxes
I'm looking to start a SD IRA checkbook LLC. I've got retirement accounts to fund it and start investing immediately. I was talking to a CPA about investing in their Private Equity fund.. When I told him I wanted to ...
Will B.
Structuring a deal
Need help structuring a deal. Does this sound like it will garner any interest when I pitch it or do I need to revise. They provide loan down payment + c.c.I pay the monthly interest when due + manage day to day of r...
Zillur Nazia
Seattle-Tacoma & big cities: Navigating tenant friendly laws & secure investment goal
About me, a new RE investor who owns a 4-plex. Looking for useful insight.Understand the PRO's of investing in Seattle-Tacoma area & bigger cities (higher rent, demand, long time appreciation potential, etc.) Also...