Greg P.
Pay myself Salary will help qualify for 30 year loans? Advice please
Hello, my question involves having my company paying me a salary. Would it be smart to do this since if I can show two years income, then I can qualify for 30 year loans on rental properties I am planning on owning. ...
Ronl Nichols
Structuring an Offer using Creative Financing
Hello Everyone,I have a pocket listing for a 20 unit apt complex. I have done my analysis on the property and discovered that it is a good deal. I would like to make an offer but not sure on how to do so. I do not hav...
Pedro Oliva
Deceased owners no will
How can I help these sellers? The parents owned the home which have since passed away. The parents left no will but the mother wanted the son to live in the home since he is mentally handicapped. The rest of the famil...
Rayan Perez
Crypto Re-investing into Real Estate
Hello everyone, I’ve made a substantial amount of gains on crypto, I would like to re-invest that money into real estate. Is it possible to put that money into properties without capital gains tax? Thank you.
Jason Yee
Hello from a new BP'er! Located in Bay Area, CA
New BP'er here. Currently own a rental in the East Bay, CA (Lafayette / Moraga / Orinda area) which my wife and I lived in before. It currently rents for ~$4,500 and we're breaking even with PITI and expenses. We're...
Vincent Plant
Buying from a Wholsealer. Do I get to see the contract?
Quick question for you guys. When you purchase a property from a wholesaler, they send you their assignment agreement to execute. Is it typical for you (as the assignor) to be able to receive and review the initial co...
Nate D.
Should I refinance now or wait?
Hi BP Friends!I've got a question regarding the timing of a refinance and purchase and how my credit scores will affect my ability to obtain financing:Background:1. My wife will be a co-applicant in both cases2. I wa...
Matt Jankowski
Money/Managing Partner Split
I'm trying to figure out what a "fair" or at least typical split would be for the following deal:
Money partner brings money and guarantees the loan.
Managing partner does 100% of everything else. Creat...
Craig Jace
Keep Medical building or sell?
I have a medical building in Los Angeles Had it for 15yrsWould like to retire soon and looking for best cash flow Owe 200kRent is 7000 monthlyHowever property is worth 1.7mWould like advice for cash flowwould it be pr...
Cam Forrey
A couple of questions regarding pro forma analysis
Hi guys, longtime bigger pockets lurker here.
I am looking to buy a 3-4 unit property in my hometown to buy and hold. A couple questions for everyone on building good pro forma analysis before I get in touch with a ...