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I'm getting a commercial loan to purchase a property under my LLC. Since this is my first purchase, I'm being asked to list myself and my partner as guarantors. How will this impact our credit?Is there a benefit ( a...
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Investment Info:
Single-family residence private money loan investment in Newport News.
Cash invested: $75,000
Contributors:
Marsay Winder
(05/10/2021) Private money deal #4 with a new Fl...
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This will be a two part Thread actually. This is the first part of the Threads:
"Mentor Wanted for no $$$ - What I bring to the Table"
If you are not offering any money, what do you bring to the Table?
Here are som...
I've wracking my brain trying to figure out a method of entry into real estate investment even though I can't afford it. My credit score is good and don't really have any debt but I make very little money and there is...
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I'm in a process of transferring some of my properties to an LLC entity. These are four properties that were bought within a period between 3-14 month ago. The LLC is structured in such way that my wife and I own two ...
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I have been browsing the forums for a bit now after discovering the Bigger Pockets Podcast a while back. What a great resource! I am hoping you all could chime in on this one:My personal residence (and our first home)...
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Married couple filing jointly has taxable ordinary income of $30,300 and long term capital gains of $100,000. How much tax is owed on the gain?A. $0 because taxable ordinary income is below the threshold level of $75,...
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I am very new to this mobile home park ownership idea. I'd like to get other peoples perspective on this idea. Also, I'm thinking about going into a partnership to purchase and run a MHP. Please send out your thoughts...
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As I mentioned in a separate post, I have no problem with deal flow. I have established a reputation and track record as a successful apartment owner-operator and brokers know if I make an offer, it's as good as done....
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Hi folks! Looking for some advice. I am purchasing a property and only have half the money required for the downpayment. My parents are going to contribute the other half. My husband and I qualify for the loan ourselv...