Masood Amin
Interest Free Loans
Hello BP,
I am a muslim trying to get started with my investment career. However, as part of my religion it is forbidden to pay or recieve interest. However there is an alternative way which is charging the profit on...
Eli Rods
CASH/COIN/CARD operated laundry equioment company in DE
Hi fellow BPers,Can someone please recommend a company (similar to Hercules) that specializes in providing laundry equipment in my commercial building in Delaware? I am looking to get rid of the hassle of maintaining ...
Stewart Wyne
Advice on Partnerships and sweat equity
I posted this in a different section but didn't get many responses. Need some advice on partnerships.I've had some success in SFD re investing ($2 million portfolio). Now I've got family and peers that want in on the ...
William MacBride
flipping through an agent
Hi
I recently heard of a surprsingly simple seeming idea from a real estate guru named Joe Crump. He says you can simply sign a "purchase agreement" with a buyer giving you principle interest in the property, find ...
Rick Zink
Hard Money Lending & Gap Lending
I understand the difference between the both of them.While I am not the most experienced in the world, I do have some experience. I own a few rentals that are cash flowing. I have flipped a few and made a moderate p...
Colbi Ight
Refinance rates and fees
I recently had an independant mortgage broker send me a fee sheet on a house I was looking at refinacing. The home is valued at $155K and I was going to pull $116k out. I have excellent credit and ZERO debt. My bank s...
Alfred Litton
What If I DON'T Want to Be Paid by My LLC?
So, newbie question here. Hypothetical situation: I have an LLC that owns 3 sfh properties, and the NOI for the year is $20,000. Do I HAVE to pay the taxes on that $20,000 if I choose to keep it in the LLC and, for ...
Bill Mitchell
Wholesaling Business and Taxes
Preparing for taxes this year. 2013 was my first time to wholesale part time + my day job. Can I simply do schedule C for my wholesaling profits using Turbo Tax or something of that nature noting my profits and exp...
Thomas Allt
Best thing I can do right now is just ask... Contractor Partner
Any tips for finding a contractor as a Real Estate business partner for Fix and Flips?
Ian McCook
Contract to sell a property prior to closing
New to Biggerpockets, but it looks like a great website. I need some advice. I have a property under contract to purchase in Florida (ie, equitable title). I have a buyer that is interesting in purchasing the home....