Alex Ballesteros
Funding My First Deal: Pulling Money from Investment Accounts
I am currently looking to fund my first deal within the next 6-12 months, and wanted to see if you guys had any advice on how you would approach the situation in my shoes. I am a first time investor & would apprec...
Jon Gregory
New to BP in Cleveland area
Hello All,
I am a wood flooring contractor working in the greater Cleveland area about 7 years. I am new to BP, what a treasure this community is. I hope I can contribute to it in some way. I am looking forward to le...
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Selling Commercial Bldg to our C Corp
Does anyone know if we can sell a building, we own personally and lease it to our corporation, to the corporation for fair market value? For some reason it seems that we can not because it is a closer than arms lengt...
Willis Seng
equity vs mortgage
Does mortgage really matter when your flipping a house? Say I bought a house and it took me 5 months to sell. So in those 5 months, I had to pay mortgage which contributes to my equity. If I sell it, wouldnt that e...
Vic Liang
Fair Partnership Split for my specific situation
Hello everyone!I'm working on partnering with someone on a repositioning deal in Memphis, TN and we both live in Portland, OR so neither of us would be necessarily boots on the ground.He would be the main funding sour...
Joseph Labit
Can you add a partner to a 1031 exchange
I have a friend that is purchasing a strip mall with money from a 1031 exchange. The exchange will fund 25-30% of the purchase price. He wants me to partner with him and provide the rehab money. I know he can enter in...
Melanie Pendrey
Best way to use my HELOC when just getting started?
I’m interested in buying a 50k-100k property with my HELOC. But I’m not quite sure how things work best with taxes this way. I plan on buying the property(s) in an LLC. Then have that in a holding company. The idea is...
Charlotte Dunford
SEC Regulation - 20% rule?
Hi all. Question: When you raise money from your LP's, do you have to limit each LP's to a maximum contribution of 20% of the total capital needed to close the deal? I heard that this is a SEC related regulation. Is t...
Carlo Rodriguez
Hello from New York ! ! !
Hello Everyone!
Im a wholesaler, I acquire great deals for myself as well as my investor network! I have a great marketing system in place, let me know what your looking for, I may be abl...
Sam Dorgalli
No experience, No money, but got a deal... is that enough?
Alright. Let me try to explain this as best as I can...To all investors, if someone was to bring you a deal and says "Hey, I would like to partner with you on this deal because I do not have money or experience (findi...