Hey BP!I’ve got an issue with a foreclosure I just bought today. I won the auction and paid for the property there. Then I drive by the house and there’s an investor company (something like “we buy run down house”) si...
I’m trying to get more info on doing a BRRR strategy. I currently have a triplex under contract. It’s a “creatively” put lease option where I control the property and I pay the seller a percentage of the rents I colle...
Please don't respond to this with, "Ask an attorney or tax advisor." That is a given...I want to solicit comments prior to that.
Scenario: Form a LP to raise money for real estate transactions and structure it so ...
Hi, I am buying a home, got appraisal, I was reading appraisal report, and found many wrong information.like1 it has one refrigerator, while in appraisal report say 2.2. Heating is baseboard while report say forced ai...
Okay,please point me in the direction where there's the strategies,the been there done that stories of this chosen path to wealth.Quickly approaching that age now, hopefully there's a forum or group that addresses thi...
All,
I have a deal under contract with a private seller and am scheduled to close in 2 weeks.
Contact price is 80k
After repair value is 175k
I have earnest money in escrow and have a title commitment from my title ...
has anyone used or heard of prom funding partners out in california and also michiganwebsite is www.promofundingpartners.com positive or negitive thoughts
I was looking at a group of 4 fourplexes as a package deal. I had done my projections (yay! 50% rule) and things were looking good. Showed it to my lender, things were looking quite good. (yay!) Then, I get the seller...
It's important to read what it covers and what it DOESN'T cover:
The person has to prove they can’t pay the full amount because of loss of work RELATING TO COVID-19
The person has to make every attempt to pay rent...
Written by IRA attorney John Hyre:The Mazzei Roth IRA Case – An End to Magical SchemesThe Tax Court took a major step in the direction of curtailing SDIRA abuse. The case will put the kibosh to a great many “IRA Stuff...