I have many years experience in accounting, bookkeeping, and doing tax returns for personal/small business. However, I do not have any experience when it comes to real estate accounting, which I know can be an entire ...

Me and my father in law are going to a partnership in the flipping business we both are going to use a heloc loan one is going to pay for the property and the other is going to pay for the rehab , he is a carpenter a...

Hi BP family.
Quick question:
Lets say, I paid $100K cash for a property purchased under a LLC. Few months later I refi'ed the property at a slightly higher amount and the bank paid the llc back $120K.
If I use the...

Hello Everyone,I am considering a cash out refinance and I came across an article that states I must utilize the money from the refi to improve the property or buy another property to ensure the mortgage interest is a...

Of course we all understand that legal protection is a must.  It is worth every penny to hire the appropriate professionals to make sure your business is lawsuit-proof and pays as little in taxes as the law allows.  W...

Hi - I am in the process of acquiring long-term single-family rentals in the Indianapolis area and looking to set up an LLC in the state of Indiana. I've read a lot of conflicting information in the forums on how to d...

Ok.  Here it goes.  I have a connection to a potential investor who may be willing to completely fund a flip (all cash) for me.  The investor, however, has no background in real estate and is completely clueless about...

From the “Banking Weekly,” a Financial Times podcast from June 2nd, non-bank lenders in the U.S., also called private money lenders, are starting to dominate the U.S. mortgage market. For the first time in history, pr...

Hi everyone- I'm trying to start my wholesaling business this summer but I must say I have absolutely no experience or knowledge about rehabbing or its associated costs. I want to be able to walk through a house and k...

I have been getting leads that are super thin for a flip or a wholesale, but for a buy and hold they are not terrible.  I was wondering if there was a angle to sell a subject to deal.  Here is the scenario... The prop...