Kevin Dong
Can I get cash out refinance for a fixed rate by profolio lending
Shopping around for fix rate cash out refinance by profolio lending. I don't know why couple local bank only do adjustble rate for profolio lending in florida
Samuel S.
Syndication with only 1 investor?
Hey BP folks,For those who are fluent in this type of arena, could you please me know if I am missing anything? (I apologize for the length)I have an investor (just one) looking to get involved in REI, who is self emp...
Brandon Cao
Fannie Mae 2% Sellers Assist -- Security Deposit Included?
Hello Everyone,
For those experts in Fannie Mae guidelines, the 2% sellers assist exists for investment conventional loans. Say I have a fully rented out duplex investment property with the following information:
A...
Matthew Shay
Real Estate Agent forming an LLC w/ S-Corp Status
I am interested in forming an LLC w/ S-corp status for tax implications. The idea would be to build a team and protect my brand. I have heard some people say that forming an LLC is mainly for legal protection and othe...
Vitaliy Gnezdilov
Why can’t an entity be formed for the sole purpose of buying securities?
Hi, I am looking to invest in a real estate fund syndication and I have received advice to invest through an LLC for a specific tax purpose.However upon research, I am finding that an organization cannot be formed wit...
William Coet
Buying Owner Occupied. Getting Signed Lease Prior to Closing
Can I secure a signed lease with the current occupant prior to closing? This will help to avoid a timing problem with leasing the home after closing because fewer people are looking. ...
Michael Yu
How to structure and manage foreign borrowings
Looking for expert legal and tax advice - Just found out I could potentially borrow in another country with a very low rate and have been thinking about how to put this opportunity to use while having a proper legal a...
Michael H.
How does one start from square one on claiming and paying taxes
Hello again BP family,Ive got a hot one here, My younger brother has operated a construction style business for several years now...under the table. After my repeated nagging, and teaching him what opportunity costs a...
Mikki McIntyre
how to structure a private loan
Hello,I have some family members that are willing to lend me money for flipping and buy/hold deals. What is the best way to structure this? Just do a note/personal guarantee for each property seperately and pay them b...
Marie Jensen
Pay off "second home" with inheritance
We have a second home where one of our adult children is living. She is unable to pay rent (long story but may never be able). Right now we are paying the mortgage of $1,000 a month at 4.125%, with a $188k balance. I ...