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Can anyone explain to me the basics of wholesaling? Thanks
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Well, not entirely, but you can shield more of it.
I'm going to use a very round and specific example to demonstrate this concept. Check my understanding of the tax law on this.
Let's say you make x a year. You ...
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Question regarding FHA loans...
I am looking to buy a multi-family home as a house hack.The duplex I am looking at is currently has tenants on both sides.
From what I understand, to qualify for a FHA loan you need t...
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Can someone explain something about the buy, borrow, die concept of avoiding income taxes? I understand that you don't pay taxes on borrowed money. What do you do with the profits from the company to avoid income t...
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Does anyone here finance their real estate investments through a loan against their Whole Life Insurance policy via a Trust? If so, how long does it take to have enough Cash Value to 1.) Begin financing and 2.) Reall...
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My wife has agreed to get on-board with me getting us into rental property investing. This is very exciting for me, as my wife is extremely risk averse, but has warmed up to the idea over time. She asked for a recom...
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Hi all - I hope you're doing well!I'm about to start looking for an investment property. The real estate agent is asking for $495 as part of the Buyer's Agreement and the amount is due at settlement. Are those standar...
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I know that number probably varies greatly between people’s comfort levels and preferences. I’m just curious if there is a commonly recommended amount. I’ve been researching and learning how to get started investing w...
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Hi Guys! My name is Mel, I'm a realtor in Orange County. I'm very experienced with Real Estate transactions on the residential side, closed over 35M in the past 2 years. I'm still pretty young, 25.. and am looking to ...
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Ok, I'm a business novice and need input from those with experience in this area. Let's say that I have decided to put my rental properties into an LLC (or several llcs). Am I required to have all necessary cash reser...