Bear With Me...And Please Forgive My Tax Maze Ignorance
My understanding is that the basis of investments is stepped up at the death of individuals who execute transactions in a tax-efficient manner. For instance, t...
Hi BP,
In the last few months I have made some huge strides into my business and can't wait to get my first deal. I've finally came up with a strategy which is BRRRR, I've obtained the following tools for success: Br...
I’ve heard conflicting answers to this question. Using the Brrrr method, when it comes time to cash out refinance, do you have to be able to afford both mortgages even if your first one is renting with cash flow? Does...
Back ground, I have a NW of approx. $1.3 MM. Three properties with seven units that generate excellent cash flow. I'm sitting on about $350k in cash and I'm wanting to put it to good use. Two questions: 1) I have the ...
I might be having trouble trying to convey an idea about real estate investing. Maybe you all can help me clarify it? So here goes:I understand that as real estate investors, we know that it's about buying in the righ...
I want to put together a booklet for future flips specifying exactly what I want in certain rooms, to really systematize things for contractors/installers. However, I tend to hesitate to call my own selections or prov...
Can any lenders who do conventional lending tell me how wide a snapshot you’d take of my debt obligations when calculating DTI? Like, does the short-term debt service I have now really hamper my borrowing capability f...
I currently do one house flip at a time. I would like to start a relationship with a private lender so that I can increase purchasing power. I need additional funding so that while I am waiting on one house to close, ...
Hi All,I’ve been learning a lot reading though the threads in this community and finally have something to post about.My background: RE appraiser and loan financing way back pre-2008 crash, helped family landlord mult...
I am working with a handful of investors to build a portfolio of single family rentals inside an LLC. We would like to use loans to increase our purchasing power but I don't want to personally guarantee the debt sinc...