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So as I was reading the forums where hard money lenders were being researched, a thought struck me. I am a high earner and have maybe $150k extra cash per year to invest. If I were to use that cash to invest in buying...
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Hello BP community!I recently used HELOC from my residence to purchase a rental house. Seller accept offer at 10/20, but it looks closing date will after 1/1/2019. Obviously, HELOC interest start from Nov., there are...
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I'm about a week away from closing on a duplex which needs about $15K worth of rehab. I'm looking into SoFi's Personal Loans to help fund the rehab. I live in CA, and this duplex is a rental (i.e, for investment purpo...
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Good evening everyone I am very interested in making a few offers on HUD properties and REO properties. I have a few questions and hopefully someone can help me. Thank you for your time.#1 If i am making and all cash ...
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Need help on how to get into rental property w 25k
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Hi, I'm trying my BEST here to do my own accounting for the most part.Currently I have an S -corp established for my fix and flips and an LLC for my long term holds.Most of my business funds are in my S - Corp bank ac...
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Hello BP family,I just started my LLC and now looking into setting up a bank account. I'm going to use a local bank, my question do I need to set up a business bank account or can I set up a personal account for my LL...
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Fellow BPers,I am looking to invest funds as a private investor. Here are my thoughts -Provide funds towards a BRRRR deal as a partner, I invest, my friend brings the deal, rehabs the property, manages the propertyI p...
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What's up BP!I have submitted my first offer on a SFH that I intend to rent out. The purchase price of the property, and what I intend to be a similar price of properties I expect to purchase in the future, is around ...
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I am ready to start an LLC for me and my wife's investment company. What would you consider a fair price to setup an LLC properly? We looked into having Garret Sutton's company from the Robert Kiyosaki books do it. Hi...