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I am wanting to present a deal to a partner..aka my father... LOLDoes anyone have a contract they use that can be emailed me to me? Something that has investment obligation, profit sharing, improvement budget limitati...
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Hey BPers, I've recently setup my LLC in preparation for buying RE Investments and am in need of a good local bank. I've been using Ally for my personal accounts which has been fantastic for Saving, Checking, and Mobi...
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Hi experts! We borrowed some money from family and are paying them interest. Is the interest we pay regularly tax deductible? How do you structure the loan so everything is legit and meets IRS standards? Since it's ch...
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I’m trying to get started in real estate investing. I went to the bank to get a pre approved letter as and was denied bc of my income. My income has dropped significantly bc I chose to sell my business and take a mor...
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So I found a foreclosure in my hometown - 30 days on the market - asking price 65k - Arv 100-110 rents about 950 per month but I don't have the down payment for it. My sister will loan me 35k cash but I doubt that wil...
Hi, me and my other two friends opened LLC to invest money in real estate business. So I need some idea what specific things need to be kept in mind being a beginner. Our other concern is to get commercial loan as a b...
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Hello,I'm interested in making an all cash offer to a bank owned single family home. The trouble is I would like to get a loan from my parents of 50% of the home cost and make payments with interest to them monthly....
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1)How much is generally required for earnest money? Is there a state standard percentage of how much money is needed for EMD? (I live in CA, btw.) or is it just negotiable?2) Can you use a credit card to pay for the e...
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Hi there. Just found out that a retirement fund I am liquidating to close on a buy and hold will take longer than I expected. My closing is in two weeks, and I must close immediately to get this deal. Does anyone have...
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Hello All, I'm looking to do some work on my rental property to add an attached ADU. I'm looking to finance the project long term in a way that is helps me create positive cashflow. I expect that means it needs to be ...