I have 24 hours to present my offer to a seller. I want to purchase the property using a lease option. It is my understand that a contract purchase DOES qualify for the tax credit. The deal in some ways hinges on the ...

Hi All,My CPA is advising that I have my LLC be taxed as an SCorp because I'm an active participant in my fix and flips.  To clarify, I have a multiple member LLC (me and my husband).  In that LLC, I make some private...

What my title and description state, please help. I am trying to run some comparables and get a good feel for how I should be comparing these two's values. I think a structured duplex should be of bit more value. They...

Hello, this is my first post here. I don’t really belong since I’m not an investor but I’m in contract on a tenant occupied property and I’ve found better information here than anywhere else on the internet, so I was ...

Does anyone have insight into how an investor can assume a seller's existing low-interest loan? Or is that only allowed for first-time home buyers and/or non-investors? With interest rates so high, I'm looking for cr...

Hello,Im an aspiring Real Estate investor..and I appreciate your feedback to know what could be a good strategy and still being creative if you want to buy a deal with good equity but still important debt? theres is a...

Hi Bigger Pocket-ers!
If you are experienced with seller financed loans and are able to consult with me to make sure I dont make beginner mistakes, please contact me and we can work out a paid arrangement.I've receiv...

Hi everyone,First BP post so I wanted to ask one of my most pressing questions. I live in Houston, TX and will try to close on my first flip in (hopefully) 90 days. I feel uneasy about my ability to get an accurate AR...

I need a little tax advice on the use of a self directed IRA to flip a contract.  Here is the opportunity.....I've got a property I am interested in purchasing.  I am fairly confident that I can flip that contract imm...

I was looking at the returns of Facebook vs Real Estate and I was well, surprised. . . .I bought a property in Phoenix using "Subject To" (very little down, & taking over the loan) and turned around and sold it fo...