Robert L.
How to record my owner financed note?
I wholesaled a property and charged an assignment fee of $5800.I took back a note and my buyer is paying me $300/mo a month until the note is paid off.My bookkeeper is having a very hard time how to record this in Qui...
Dave Williamson
Outside the box - Real Estate investing in Panama
Hey guys,I'm down in Boquete, Panama for a few days exploring investment opportunities. I have to report that I'm impressed with the group that has been running the show, International Coffee Farms. I have never consi...
Brian Scott
Refi question FHA to Conventional
Hello everyone,
My wife and I own a mutli-family home and purchased it in February 2022 for 495,000. We put 5% down using an FHA loan and currently have an outstanding balance of 450,063. We opted for the FHA so we c...
Jason Tobkin
DTI ratio too is high. What should I do?
I have yet to make my leap into to my first investment property but I'm trying to do so now. I'd like to purchase a second property for a new primary residency but keep my current home and rent it out. My issue comes...
N.A N.A
Use 401K/IRA for a real estate purchase?
Hello. I am looking to buy land (not for primary residence) and I heard that you can use a 401K or IRA (or similar) to purchase real estate, or else loan yourself money from the 401K, or something to that effect. Is t...
Michael Hammond
Solo 401K for LLC and S-Corp
All, I've read there are better tax advantages for using an LLC for rentals and an S-Corp for flipping. I have had an LLC and recently set up an S-Corp to start doing rehabs. I like the control features of the Solo ...
Greg Swartzberg
SEP IRA Contribution?
Tax deferral help needed: I am a full-time W-2 employee and max out my pre-tax contributions to my 401(k). I have a side-hustle real estate LLC that includes passive income from fifteen rental units as well as activ...
James Gardner
Should I sell or refinance and pull money out?
Hello,My goal is to purchase rental properties; my primary residence has about 200,000 dollars worth of equity and I love the house and its location. Should I sell my house, or take the equity out of the house to purc...
Alex Varner
Oversight by Title Company and Closer!
Property tax question for here in Michigan (Grand Rapids area specifically). From what I've gathered summer taxes cover you from July 1st (current year) - June 30th (upcoming year) and winter taxes cover you from Dece...
Marcus Sedberry
Primary residence turned to Rental Property
Hi BP, I am new to the BP community and to real estate investing. I have been researching, reading, and evaluating properties as @Brandon Turner recommends on webinars and podcast. I currently live in Philadelphia, b...