FACTS:- home has been in preforeclosure for about 10mos, and currently still is...and bank seems like they will give more time if i come up w/a plan.- mortgage note is worth $70K, 7.3% rate, ~$600/mo- ARV on house is ...
Can I do a side deal with a partner inside my LLC? I don't have cash for the deal. I owe 29K on my 401K loan and they won't let me take out another until I pay that off.Once I do I have up to 50K available immediately...
hello BP! I am selling 2 of my rental properties in Indiana and now in escrow, it seems we will be closing on time. My question is: I was planning to do a 1031 exchange and found a condo in San diego and got our offer...
I’m going into my first refi and I can’t decide between whether to take out as much cash as possible, so I can be cash heavy into this pending crash (allegedly), or if i should leave the equity in there, bump my cashf...
Hi everyone!I will be investing in my first property (duplex or triplex) in the next few months, hopefully around May, in Sacramento CA. I've been working with an agent already and have started to narrow down my crite...
I have one rental in ATL where I use to live before being transferred to Chicago for my job where I currently rent.
I currently pay $250 a month in PMI and have $13,000 to go before reaching the 20% equity ma...
In an LLC taxed as partnership, can 1 of the partners be an independent 1099 contractor to provide services for the business? For example:Partner #1 Limited Partner (K-1)Partner #2 Limited Partner (K-1) AND 1099 Contr...
Hello! I have recently purchased my first rental property here in Denver, CO and will be househacking while I add value to the place over the first year. I previously househacked in Savannah, GA where the landlord/t...
I’ve been part of the BiggerPockets community for a while, but this is my first post. Thanks to everything I’ve learned from the podcasts, books, and this community, my wife and I currently own:
A triplex in MaineA s...