Account Closed
I Made Huge Returns on Low-End Rentals and You Can Too!
I grew up in New Jersey and bought my first property at 18. I didn’t really understand how real estate transactions worked, so I went to the court house and watched several transactions occur. As time passed, I found ...
Bret Halsey
Different LLCs and structuring
Many of the lenders of investor loans I've been speaking to will mostly/only lend to a business such as an LLC. I've heard a couple investors talk about having an LLC for rentals, and one for flips. As someone who is ...
James Maradits
Tapping into Equity without income verification
I'm looking to utilize a portion of my $100k + in equity in my personal residence to use for acquisitions and short term holds. I formerly had a HELOC that I used to flip properties with, but I have since sold the ho...
Account Closed
Assets for teenagers
I have been reading books on real estate investing along with other business books. I'm currently half way through Rich dad Poor dad, and the talk of assets has baffled me.
Growing up my dad, being a business owner h...
Eric Lee
Start with a self-directed IRA, later move to Solo-401k?
Hello,I have been reading up on self-directed IRA's and solo 401k's. I feel like I am starting to understand some of the details now, and have a tentative plan. I'm looking for any feedback/issues with it. Hopefully...
Anna R.
Taxes on Flipped properties. Do I pay higher taxes?
If I am currently full time employed in Illinois and fit into the 28% Tax Bracket, what taxes do I pay for my flipped property? Am I still paying 15% of capital gains or do I pay 28% on capital gains due to my current...
Thomasina Pearce
getting approved for conventional loan as contract worker
Hi BP family! Are there any investors whose primary source of income is 1099 or other contract work? If so, any tips on how to appear as stronger candidate for conventional loan? Especially if your income fluctuates m...
Kyle J. Cooper
Moving a Company 401(k) due to Coronavirus Layoff
So I'm sure I'm not the only one here that is curious about this topic, but here goes nothing! I'll make it short and (relatively)sweet!Coronavirus hit the world, no one was prepared.Companies started closing down.Pay...
Melissa Tannehill
Self employed mortgage
I left my corporate job and am now self employed. I have been self employed for almost 1 year. Does any one know a lender that would finance my next 2-3 unit (owner occupied) without W2 income or a 2 year track record...
William Behm
Health Insurance for Full Time Investor
My wife and I are full-time, self employed real estate investors with 2 toddlers. We have been purchasing our health insurance through Healthcare.gov Marketplace and must select our 2018 plan by 12/15/2017. The rate...