Nicholas Ferraro
using the rehab calculator
I'm playing around with the rehab calculator and I'm wondering if someone can help me understand the numbers, I plan to do most of the work myself.
It shows the total rehab cost is insanely low. If anyone can offer ...
Wayne Connell
Need guidance on using a self directed IRA for RE down payments
My wife and I have a retirement account we rolled over into a self directed IRA to use for down payments on two projects. One is a purchase of a small storage unit facility and the other is building a four plex. We wo...
Luisa Trigo
HELOC Interest Only Fixed Rate
Hello,I am looking for a HELOC, 10 year draw period, interest only, at a fixed rate. All I am finding is variable rate OR fixed rate for a HE Loan repayment principal plus interest. Aiming to use the HELOC to cover th...
Michael Waller
Milwaukee Real Estate Market - What's working, what's not?
Hello,I am considering investing in a rental property in Milwaukee. I would like to connect with local investors via BP to hear what areas/types of properties are currently working in the current real estate climate i...
Scotty Mulkey
Starting our REI company
Hello, to all of you here in BP. We have started our business with capital of $ Any ideas of how to do it correctly. Thanks in advance to all that will reply.
Navid A.
What is my LLC classified as by the IRS?
I have a LLC with my wife and I listed as members under the Articles of Organization. Does the IRS consider this LLC as a sole Proprietorship? Also, since it's a pass through entity, I don't need to file a separate re...
Jordan Gerkin
Can I Get 3 Separate Mortgages for 3 (technically separate) Four Unit Buildings
Hi Everyone, I hope this is the correct form to post this on. I have maybe an interesting situation/thought. I currently have 3 four-unit buildings under one loan. That is the way I bought them because they were all f...
Kurt Kleespies
Foreclosure Purchase - Unpaid Taxes
Recently I was the high bidder on a foreclosure at sheriff's auction in MN and I currently hold the sheriff's certificate for the property. This is my first sheriff's auction and there were property taxes that were u...
Ally Hill
Subject To Letters without violating SEC licensing laws
Hi BP community. I am looking through public records and planning to reach out to pre-foreclosure homeowners, but I want to be careful in my language since offering help and advice on their foreclosure situation is fe...
Danielle C.
Contracts, contracts, contracts...!
Hello!
I need to ensure that I understand the different main contracts that wholesalers use. I have quite a few questions about them, so I apologize in advance for the length. I have been searching BP for answers o...