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If someone purchases an LLC (that owns the real estate) as opposed to purchasing the real estate, is there a tax implication regarding my ability to depreciate the LLC's Assets. For example, if the prior owner has de...
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Write your post0 VOTESWould love to be one of the "haves" instead of always the "have nots"! So, asking all ypu "haves". What can i do about this deal? i am a first time buyer in the hope program who needs to go Fha....
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Ive found a 9000sqft commercial building in an up and coming downtown area with cap rates in the 4s. Its on great corner across the street from a starbucks in a gentrifying area. Seller wants $5.25M or to sell the bui...
Hello, I was just wondering how the process of getting a loan with LLC members works?Can anybody explain the process from the beginning? How are the limited partners involved in the underwriting process? Do I call o...
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Hi All! SO... looking for some info that someone out there might have (and maybe share a bit of my own). While working thru a few small BRRRRs, I've leveraged a credit card I have that will repeatedly send me checks i...
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Hello everyone!I am in the process of preparing for a PCS from Okinawa, Japan back to Colorado Springs, Colorado. Because of this, I figured that I could start the process of purchasing a multi-family home so I can li...
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I am about to complete the construction of a new ADU in southern California. As part of the lease, we are providing all utilities for the unit. I two questions to help work through:1) Do we provide internet service b...
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This topic has been discussed ad nauseam on the BP forums. But would like to hear experiences between Credit Unions and Community Banks on growing my real estate portfolio.I have a local credit union willing to give a...
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Does anyone know how to find private money lenders who require little or no money down? It's probably a really stupid question....but I'm having a really hard time funding my first few deals. I am currently whole sai...
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Hey all!
So my girlfriend and I have put a bid on a flip house however we haven't heard back from the selling agent yet. We are still looking at other potential buys.. Buy and hold or flips.. on the market. So that b...