To satisfy the HUD-1,  what is the accepted identifier on the HUD-1 in your state for an unlicensed person to be paid immediately at closing? Some have to pay the landscaping service, etc.  What about those that broug...

Can someone explain to me in dept, what a short sale is.

I'm trying to write a plan of where I want to be in the next 5 yrs and how i'm going to get there. Problem is, I'm realizing writing a plan is not as easy as it sounds. I have an idea of where I would like to be but c...

Hello BP community!I recently used HELOC from my residence to purchase a rental house. Seller accept offer at 10/20, but it looks closing date will after 1/1/2019.  Obviously, HELOC interest start from Nov., there are...

Interested in using my IRA to fund a new LLC that would flip houses and put the proceeds back into the IRA. Then due it again. Any guidance?

I'm evaluating an opportunity to participate in a small development project by co-signing on a construction loan.  The construction loan proceeds will be used to take out the existing debt on the land and to build the...

We did a cash out on an investment property for 375k and now we are trying to sell but have just been informed we need to pay off the loan in order to do a 1031 and avoid capital gains. Is there any alternative to me ...

Happy New Year everyone!

I have a flip that I am finishing with a buddy (business partner). We will be done by February and did not do things in a traditional way. My business partner owns the home outright and we ...

Hey everyone, I have a question about an individual I met who says they he "owns" over 200+ properties by way of Quit Claim deeds via pre-foreclosure sellers. In other words, home owners facing foreclosure, $1 deed th...

So I have a hypothetical situation:
Lets say a properties ARV is $550k,
Repairs are $75k,
And Wholesale Fee is $10k.
Using the mao formula:
$550,000*80%-Repairs-Wholesale Fee = MAO of $355k

When I am making my...