Hello BP members I am hopping someone can give me some advice.  I was approached with an opportunity involving a Fix and Flip on an SFR.  The fix and flipper is asking for 25K from me for the purpose of purchasing the...

Hello BPI was wondering if anyone has heard of a tax penalty incurred if you sell a real estate property in under 5 years? Thank youPaul

Hey guys, I have been trying to figure out a good overall strategy for putting a cash out loan on a couple of properties. I'm not sure if there is a book or even a discussion on this forum, but I couldn't really find...

I'm thinking of using a HELOC to fund most if not all of my first BRRRR deal. I own 100% equity in my home. What was it like using HELOC for a BRRRR deal for those who have done it? Are there any problems with this ta...

I have a personal credit card through the airlines that generates points. If I travel for business purposes can I use that card and it still be deductible? Would I just have to transfer funds in the same amount from m...

http://www.chicagotribune.com/classified/realestate/foreclosure/sc-cons-0913-strategic-default-20120913,0,4134066.story

I think it is particularly interesting how they indicate that they will pursue you for "abusing"...

I have been researching a variety of ways to come up with money to finance a deal on a property and thought of pulling money from the 401k Plan that I have been investing in for the past couple of years. Does anyone h...

I was asked to loan 2500 to get 10% back in 6 months. What should I ask for to (1) know its legit and (2) ensure I get my money back in 6 months? 

greetings!  I'm curious as to what strategies you all have used to payback private money investors of a hold property if you were unable to refinance the property before the loan came due.Thanks all

Hi, I have worked with a contractor for the last 2-3 years in TX and although he is slow, I stuck with him for convenience and dependability. Although, we have a general contract for any work, neither of us signs it -...