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Results (10000)
Nicholas Morgan Using SDIRA for BRRRR...proper deal structure? Resources?
23 April 2019 | 18 replies

Hello everyone!I am meeting with a friend this week who may be interested in lending me money for a BRRRR deal thru his SDIRA. Does anyone have any advice on how to properly structure this deal? Any recommendations on...

Brad Seidel 1099 for 5 year cant get financing
16 February 2023 | 8 replies

My brother in law is trying to find a way into his first home that he wants to live in and cash flow. However his situation is a tad un-ortodox.
Positives:
Has 83k savedThis will be his first homeMakes around 110k p...

Account Closed PM needs ss#
22 January 2025 | 14 replies

Hello,A PM we have just hired wants a W9 and social security number from us.Two companies we hired previously didn’t ask for this.I am not comfortable with sharing my ss number around needlessly. I did read someone on...

Sean Waits Taxes for borrowing private money?
28 September 2018 | 2 replies

So I have been in talks with someone to get private money.  I have gone through purchasing the PPI and giving up 10% of the purchase price as security, as per the contract.  Now the lender is telling me that there is ...

Daniel Karbownik Transferring Security Deposit Upon Sale
9 December 2015 | 1 reply

I am buying a rental property with existing tenants in place.  The purchase price is 155k, and the current seller is holding a security deposit of $2250.  We are in attorney review, and the seller has just asked that ...

Cameron Ellis Any one have experience with a Promissory Note?
18 August 2013 | 11 replies

BP, I am looking to do private financing on a tax delinquent property.. I am looking for any advice, and explanation on promissory note.

Bryant Troupe BRRRR Investor Chart of Accounts for QuickBooks
13 March 2021 | 2 replies

We primarily BRRRR investor who purchased our first property last year.  We are hoping to add 2 - 3 this year.  I need to get all my financial data into QuickBooks and was wondering if anyone could offer advice on the...

Ryan Rabbitt Employer does not match 401k - should I invest?
14 October 2024 | 24 replies

Hey BP Community - My employer does not match 401k contributions so I'm considering abandoning the contributions altogether and instead investing in something like the SPY ETF on a regular basis. I'm curious if anyone...

Kh Wolfgramm Intro and Seeking Advice for (Hopefully) Future Lawyer
15 July 2020 | 7 replies

Hi all,
I'm a rising 2L at Yale Law School interested in working in the Real Estate practice group at a large law firm in Houston (exclusively commercial, representing buyer and lender sides). I've also started looki...

Lauryn Meadows My CPA Doesn’t find benefit in Real Estate Professional Status
3 April 2022 | 7 replies

Question for my Investher CPAs.
My husband works full time in our real estate business, I believe he should have no problem qualifying for real estate professional status.
I work at W2 and have a 1099. We also fli...