Nick Hulme
Which state gets to take my money?
Hypothetical: I live in California, I have an LLC in Wyoming, and I buy long-term rental properties under that LLC in Utah.Which state collects income tax on the cash flow?If I were to sell a property, which state c...
Marc Globensky
restarting after bk divorce and deployment!!!!!
Hey everyone,More or less I want to tell you my story here and in a year when I get back from military activation I'm going to take the time to read your comments.I'm an AZ National Guardsmen getting ready to mobilize...
Ryan Tortorich
Getting a loan for a new LLC in Baton Rouge, LA
First post! Hey BP!My brothers and I recently established an LLC for REI. From what I've read, loans to brand new LLC's aren't going to happen. Maybe we'll have to buy property ourselves and then transfer to the LLC? ...
Kelly N.
Applicant without an SSN, only has ITIN
Hello BP,I have a couple who plans to apply tomorrow for one of my apartments. The husband does not have an SSN, but has an ITIN. The wife is not yet 18. They currently live locally with family but would like to re...
Chad Jarrah
What should I expect from a Private Lending Offer?
Hello! I've been flipping for ~10 years now (just very slowly - 1-2 per year) and have done well on each one. I've taken the profits and invested them in 4 rentals (and a personal res) over the course of that time. Th...
Josh Green
What do you think of this deal?
Hey Team, here's the scoop....
So I have been trying to fulfill my goal of 2 properties this year (I know, small time for some of you)....I have so far made 0 deals and 0 offers up until yesterday.
1.)First 'deal' ...
DeMarcus Washington
How to get around debt-to-income?!
Hello! I have the 20% and 640 credit score for a conventional loan however I don't have the necessary income to get approved. With my current debt and a $500 mortgage I'd need to earn $28k annually and I make less tha...
Maneesh Joshi
Big Issue at Final Walk through
Hello All, I am in the process of buying a rental property in Philly and I live out of state. We were to close today so I had my agent do a final walk through yesterday. When he got there he found that the bathroom o...
Paul Steven Tejeda Perez
Trying to find first deal Need to find a good market to invest
Hello and happy New Years my name is Paul.I am married 2 kids and a full time barber/owner in NYC . I currently rent a. 2 bedroom Aparment for 1000 a month flat ...not bad.I recently developed a interest for real es...
Ruben Feletoa
Cash out refinance
I have a home market value 360k I owe 175k how can I access the equity? And how do I leverage that capital to reinvest into another property?