What's going on BP, I have a question for real estate investors who invest in single family properties in NYC, I currently live in the bronx, I'm curious as to what are the property expenses like in NYC like what do y...

Let me try to get my understanding correct and please help me where I am wrong. 1. Loan officers for conventional mortgages, no matter which bank, don't really sell you the money from their bank. They sell you a Fanni...

What are the real tax benefits to the seller when transacting via purchase money mortgage...I can see if the property is not a primary being taxed at capital gains for the sale...but what happens when the seller files...

If you're like me, you likely got your tax bill in from the county assessor's office within the last few weeks and your taxes have gone up considerably!  Most people suggest you take matters into your own hands and fi...

Hey Everyone,So I have a few private money investors that want to be part of my deals.  We are going to structure the deal where they loan the money and get interest until the sale or refinance.We want to hold the mon...

Hello BP.I have a individual that is interested in funding one of my projects as a private money deal, but they have concerns about the paperwork and tax documents being a serious hassle. I have always done convention...

I need to know how would you approach the following scenario.

You have a friend that owes your family some money, so he will be giving you 50k. He has the money in his bank account.

Logistics wise, would it be bet...

Borrowed private money to do several deals this year. Paid them all back their principal plus the agreed upon interest. For tax purposes what should I be doing to report. Do I need to issue them 1099’s showing the amo...

So I've bought a property with cash (wasn't sure if it was pertinent or not to mention it was free and clear) and my plan is to set up a lease with 2 year option for a tenant. We had a pretty wicked natural disast...

If this has been asked before, I apologize, but I couldn't find anything when I did a search.

Is anyone using a money partner to invest in Tax Liens? Not Tax Deeds, where you hope to foreclose and get title to the p...