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Hey all,Question here, obviously i will follow up with a tax attorney but wanted some preliminary info.Due to current mortgage rates I am exploring ways of getting creative. I have the opportunity of a parent who has...
We have $100,000 savings in the bank. We found an amazing and unique $500,000 house with 5,000 taxes. We can put 10% down and with closing costs spend about $75,000. We will easily spend the remaining $25,000 in misc ...
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hi bp community, i am a newbie in los Angeles looking to do my first deal this year. Ive been looking into Bakersfield ca. Anybody out there invest in Bakersfield that can give me any tips ; what do SFR rent for out t...
Let’s say one has an excess of $500k that is in a high yield saving account earning around 4.5-5% APR. What are some other options that would /could pay a higher return that allows for the money to be relatively avail...
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Question for the RE CPA's: If I have a deal where I am the sponsor and invest no equity, while my investors invest 100% of the equity, and we agree to split cash flows (let's say 50/50). Our first cash distribution co...
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My main business model is to rehab and resell to an end user.
I got a call from a guy who owns a 4 family house. The layout is a 2/2/2/1 bedroom. Fully tenanted month to month except 1 who has a lease. He say...
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I am a current military member who has been able to take advantage of using the VA to finance two homes, the first we put no money down, renovated and lived in for two years and are now renting; the second home we put...
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I know several BPers use some form of permanent life insurance to help their investing. I'm just looking into it and getting a lot of negative feedback from non-investors.My brother has said things along the lines of...
After hitting my 40s and working as an Executive Assistant for countless years, I've decided I don't want to go to a job anymore, I want to own and manage vacation properties to make my money that way. I understand I...
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I have about $360K liquid available. I have no real estate investments. If you were in my position, what would you do? Invest in a single family, more than 1 single family, multifamily, etc? Looking for some diffe...