David M.
Best Tax Strategy for $100k bonus from sale of business
A friend of mine works for a small laundry mat chain that is for sale. His boss agreed to a 20% bonus upon sale because he is an essential employee and is responsible for the growth and success of the business over ...
Matthew T.
Don't know what to do...Here's the situation....
Hello everybody! I have a situation here where I'm confused on where to start. Maybe somebody can analyze the situation and give me some advice on where to start. Here goes the situation:
A motivated seller called me...
Rickey Wallace
Assignment
I just read that if u successfully assign a contract to someone else but they fail to perform their part of the contract, responsibility reverts back to the assignor to fulfill the contract
So, if I have a double clo...
Jordan Davis
Air BNB Financing Methods
Hey guys! My name is Jordan and I have actually have been doing STR on AirBnB using the rental arbitrage method with great success. I am happy to have done it and I am happy to scale!Speaking of scaling, I am reaching...
Ken Nyczaj
How I got my first Residential Contract of Sale signed.
Hey everyone, for anyone starting out I just wanted to give some information and knowledge about how I got my first contract signed. Not closed yet! But signed! Inspection is going on this Saturday.Since the end of 20...
Powell Chee
How much to refi?
Hello BP,I have a situation and I wanted to see what people suggest. I recently purchased an out of state rental property for $94k, which includes closing costs. In my original projections after doing a refi I was p...
Nick Zias
Cash out refi vs mortgage on a property?
Hello Everyone,
So I was thinking about something this morning and maybe I am drawing a blank. (The following scenarios are for rental properties.)
Scenario 1:
Lets say you find a house that you want to purchase for...
Angel Arr
Allentown PA refinance
I have a property in Allentown PA that I purchased all cash under an LLC. I've had the property for over 6 months now and looking to do a cash out refi in the next 60 days. Should I be looking for a mortgage broker to...
Alfonso Pitco
Las Vegas NV vs Austin Tx Rental market
I’m looking at a 3/2 single family or a condo/townhouse as my first dive into the real estate investment market. I have seen report on economic outlooks in Las Vegas and Austin. Both reports very positive (Austin a no...
Steve French
Apartment deal, what's valid for a down payment?
Hiya BP peeps. I've got some HELOC money, though we're planning on moving across the country within the next two years, at which point the HELOC should be paid back (housing crash in Seattle nonwithstanding).Are thos...