Eric Anderson
Understanding Owner Carry
Good morning all in BP...What are the pros and cons of owner carry deals? Both for the seller and buyer?I've seen a triplex listed that states owner may carry. My wife and I want to house hack an MFR to get start our...
John K.
Paying Taxes within calendar year with closing
Tax question - Closed on a property mid-year in 2015 (buy and hold), HUD-1 gives the credit for property taxes payable for mid-year tax estimate from seller. Example:HUD-1 Property Tax Credit: $3000Taxes during my own...
Jose Bernard
Key Benefits of my recent seller financed purchase
Seller financing is a great option for both buyers and sellers in the real estate market. This is when the seller provides a loan for the buyer to purchase the property. It offers benefits for both parties and is beco...
Nick Ponte
Head is spinning - S-Corp for taxes? or Just keep doing 1099 for myself?
Last few years have been making $250k as a Realtor. I fired my last accountant as he made some errors as well as gave poor advice. I hired a new CPA and he told me to create an LLC as my name, open business checking a...
Jackie Lange
Examples of Creative Transactioneering
Today I posted anarticle by Jack Miller on my blog that I thought many at BP would benefit from. You'll learn some ways to take creative real estate to the next level. Remember, every deal needs to have a purpose. ...
Ryan Mapes
Best credit cards for multifamily investors?
What's your favorite credit card/charge card for funding renovations or other purchases on your multifamily properties? Looking more for business cards or lines of credit since spending will be $50K+ per month. This...
Sean Tift
Looking to refinance a rental property
My partner and I own an investment property in Indianapolis(SFH 4bed 2 bath, 1508 sqr feet). We acquired the property prior to the pandemic, in 2019, and it has appreciated quite a bit since. The original purchase pri...
Brandon Graham
Hard money loan under $50k
Hey everybody, I have found a great deal in my hometown of Columbia SC. It's a duplex that's listed for 50k. The sellers are motivated to sell. The property already has two tenants which yeilds $1170 per month. So the...
Nathaniel Hernandez
Cash purchase and refi
Hello everybody, I wanted to know how long you have to wait to refi or get a line of credit on a property when you buy the house cash or with a hard money loan? Im interested in purchasing a property cash with either ...
Maria Vargas
Helping our tenants improve their credit thru rental payments
Hi BP, outside the obvious benefits we enjoy as landlords/investors I find it extremely rewarding to help people in different situations by providing safe and viable housing options in a pricey and competitive market ...