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Hi everyone, I'm looking for some advice on syndication LLC formation best practices.
Background: The plan is to syndicate 5-10, $10k+ investments into a LLC that will make 15% as a private lender. I will take 3% an...
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Specifically, I'm looking at a setup very much like what is described in This IRS Publication In fact, this wording in the IRS publication is effectively (similar, but a little different)what we are planning to do: "...
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I am currently a banker working with personal accounts. I am looking to make a switch into a more lucrative field in order to fund my real estate investments faster and learn more about this industry. After looking at...
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I have not wholesaled a house and finding one that would make a acceptable deal, for a buyer, is very difficult in our area. I have done two fix and flips and they are a lot of work and a fair amount of risk as well....
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I thought I'd pass this along to the members of BP...
MHI filed the following comment letter today regarding HUD’s proposed rule on the SAFE Act.
The deadline for comments is this Friday, March 5th. Please fell fr...
I'm a total newbie to Bigger Pockets, but not to Real Estate in general. My husband and I have flipped (cosmetic updates) a couple houses that we've lived in and are ready to make a move to a buy and hold rental prope...
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This makes it a challenge as there is no income verification possible.
I am going to ask for tax returns last few years to see previous income levels.
But without income, applicant says she has enough f...
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Hey Everyone,Already overloaded by the amount of resources and info on the forums! I just started listening to the BP podcasts and have been reading about real estate investing for some time now and am ready to take t...
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There was a lot of craze for crypto in 2021 and it all died down after the bear markets last year. Who's still bullish on the long term value of crypto?
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Ok, so I have bitten the bullet and gotten a HELOC for 120K. We have been searching for a house to flip, rent and refi out in AL preferably on a lake to AirBNB. We have not been as lucky to find something so we have b...