Michael Sheridan
Buying foreclosed properties
Hi All,I am trying to take the time to read some books, read the forums and get myself started as a real estate investor!Foreclosed properties have obviously peaked my interest as they are often a cheaper often. I wou...
Bryan Hancock
At What Point Does UBIT Kick In For Leveraged LP Investments?
Please don't respond to this with, "Ask an attorney or tax advisor." That is a given...I want to solicit comments prior to that.
Scenario: Form a LP to raise money for real estate transactions and structure it so ...
Account Closed
Can you use the tenant's dowpayment to pay the landlord
When you do a sanwhich lease, you have to give the landlord a downpayment, right? (Sometimes). Can you use the downpayment you'll receive from the tenant and give it to the landlord?You wouldnt have to use your own mo...
Chris Sullens
Appraisal based on rental income?
Talking about BRRR in Oklahoma City (OKC) here. How do you get the appraisal up so that you can get the most on your cash-out refi? Will appraisers take into account rental income? I mean, if I have a house that's bri...
Jason Gaxiola
Seeking advice/Out of State Units
Hi BP,I have some experience with duplexes and rental properties here in California. I am looking to get into out of state multifamily properties. As many know it is hard here in California. I am looking out of sta...
Chris S.
setting up LLC in Ohio
I have currently set up an LLC for my rental properties that my wife and I own in Ohio. I am setting up the business bank accounts and need the EIN. When I apply for this online with the IRS is it possible in Ohio to ...
T Brown
Fun afternoon looking at REOs
I'm still looking for my first property. Had a great afternoon yesterday looking at REOs and just had to share (no one else will understand my excitement, but I figured you guys would). I had picked five properties ...
Nettles Mason
Rent Price in relation to Option Fee
ARV 99,990
PITI 600
We have a 3yr lease with option
Our Option is Loan Balance at time of Closing. (currently 90,500)
I have a tenant buyer who agreed to to put down 5k and rent for 900/mon...
Ed Register
Structuring the right deal to purchase
Does anyone have any good resources for determining the best method for structuring a deal to purchase a single family house. I have a decent understanding of flipping, wholesaling, lease option, sub2. But looking f...
Louis Ford
Wholesaling integrity does it matter?
While this is something i am interested in i wanted to know how do you tactfully wholesale and is it best to tell the seller your intentions from the beginning. seems like its kind of misleading at times. Have you guy...