Account Closed
Tax implications in house flipping
I am partnering with my brother-in-law on a house flip. I will provide him with the cash he needs to purchase the home with seller financing, I will provide the funds to fund the flip, and we have agreed to split the...
Karina Gomes
solo 401K for real estate investment
Hi, I am thinking about rolling over my last job's 401K into a Solo, so I can do real estate investing with it. Does anyone recommend a provider? there are so many and trying to vet them and it is a challenge. thank...
Robert Granara
many properties held in separate trusts
i am creating several realty trusts to hold my rental properties (which currently stands at 5)...14 units in 5 properties
my other option would be to creat an LLC to hold the 5 properties...i cant imagine creating 5 ...
Dallas Waldon
Self-Directed IRA for Real Estate Investments
Hello! My current pension plan is being closed and I would like to roll the capital into a self-directed IRA. At first, I planned on investing in stocks. However, I have a "side" business in which I buy and sell vacan...
Moises Robles
Inherited Tenants: Addressing problems
Hello Everyone, My wife and I are a couple weeks away from closing on our first Duplex in which we will be house hacking. One side is vacant and the other side is already rented out to tenants whose lease ends in 6 mo...
Cyprian Sadlon
8 plex and convential mortgage
Hi BP,I have been searching for deals and I am unclear on some financing issues I may run into.Can you get a conventional mortgage on a 8-plex being bought by an LLC? and second... How important is the purchase cap ...
Victor Triana
Applying for a loan
I would like to start investing in real estate as an owner occupant, I just recently got discharged from the Marine Corps and will be using my VA Loan for a 0% down payment.I have a good amount of savings around $15k ...
Quianay Laing
Where to put flipping income?
Hi there!! We are doing our first flip and are debating where to put the income going forward in terms of managing our business.. We know we are going to immediately use some to purchase more property. Those of you wh...
Marcus Geiser
1st Wholesale Deal: Struggling to get buyers, and know what to do
I have a SFH under contract 3/1 with a new roof in Quaker Valley School District, ARV $125,000 to $135,000 have a good comp a few doors away from 2/2/22 SOLD for $145K but was a 2/1. Up to this point my experience ha...
Raphael Thomas
Syndicated Residential Liquidation Deal Structure
Hello - I'm a real estate investor in Minnesota, and am pulling together a deal to purchase 8 properties that will be syndicated to multiple investors. The strategy is liquidation, but to avoid short-term capital gain...