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I am trying to figure out the best way to take money out of my rental properties with the least amount of tax impact. I was thinking about paying myself 10% manager fee for each of my STR rentals and 5%/month on my l...
This is our first attempt at purchasing a short sale and are not sure what the best financing route would be. Property is a condo in NJ. It was listed on the MLS for about 6 months, then lien-holder said they were sta...
Hey Everyone,I’d like to Find out more about hard money and how that operates. I’m want to start buying rental properties but don’t have very much capital. It’s seems Hard money is a great option. I’d love to hear any...
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Hi, would you guys say a home on waterfront access is a good buy? Even though, it takes 25-30 minutes to take to open waters?
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Hello BP Community,
Currently I have been buying and flipping properties in and around the Philadelphia area. I have been offered an alternative investment opportunity to flipping. First, here's some background on...
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Very newbie question. I have a borrower who is a member of our local REIA, that needs $50,000. I want to make sure I understand the process of being a private lender. I have my lawyer draw up a mortgage and promissory...
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I found a house that I might want to try and get under contract and then wholesale. About how long do I have to find a buyer from when I get the house under contract to when I the buyer is going to want me to close? ...
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Good morning BP Family,I have been blessed enough to have a property paid off and a few others with considerable equity. However I am looking at the net worth on paper and would much rather see that in my pocket or be...
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We currently have some family money my wife's grandmother and we plan to use her money and buy a house to either rent or flip. All loans would be under our names that would not be covered by the cash.
For tax purp...
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I'd like to know how estimate the cost of improving raw land by building roads and extending utilities. Is there any way to get a ball park idea for this without engineering documents to generate a quote from an exca...