Robert Muzyka
Should I flip a property in my own name or start an LLC?
I'm new to investors and plan on doing my first deal in Q1 of 2020. I'm going after a flip and likely will partner up with a brother of mine to share the work and down payment, and we'll be funding the rest of the de...
Brian Orr
Rental Refi at Current Market Value, Yes or No?
Good morning BP Family,I posted this question on twitter, but by request I'll repost here with details for better results. I'm looking for input on financial strategy...I have a rental property currently cash flowing ...
Umar Farooq
Can we qualify for a loan based on our income
Hello BP members, currently living in New Jersey renting paying about 1100 a month in rent and officially fed up. Me and my cousin who is also paying about the same amount of rent for his apartment are considering par...
Edward Webb
New Investor in DFW, Texas
Hello everyone, I am Edward. A Six year Navy Veteran that is rapidly approaching the end of my service time.
I joined the Navy because I was not in the best financial situation. I was in college, working as close to ...
Daniel Newman
Single Member LLC vs S Corp?
Hey everyone,I have a RE wholesaling company (LLC) with a partner that's owned by his entity and my single member LLC. We distribute profits from the wholesaling company to our individual entities (his entity and my s...
Catherine Morel
How to determine is a lead is a good deal or not
Hello, I wanted to ask, how can I determine if a property I am researching is a good deal for a flip? I currently live in NYC and I am looking for properties in PA, CT, and NJ and I see good prices but I'm not really ...
Taylor Dasch
First STR/MTR in Temple, TX
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $96,000
Cash invested: $17,000
While I was working on my rehab ( when I was trying to do it myself) a lady knocked ...
Andrew Wilfong
Buying Property with In Laws
Hello,My wife and I have always wanted a property with land (approximately 10 acres) in South Central Pennsylvania. My wife’s parents live a few houses down, and because of the grandkids, are at our house nearly ever...
Sydney Coleman
Taking Equity out of a property with a unique situation
Hello, allow me to explain. My mother owns a beautiful home in San Diego, CA free and clear. She purchased it in 1998 for $65k and the house is now worth just about 850k. But there is a lien on the house and it turns ...
Richard Cho
Capital Loss Offset & Carryover
I lost 1 million from real estate development investment. If I gained 300K from stock investment, would I be able to offset the capital loss? Also, If I gained another 700K next year, would I be able to offset the res...