Sam H.
Bridge Loan to foreclosure flip
First time poster - thanks for letting me in! I found a foreclosure listed for auction at $800K but worth $1.5-$1.8M. Could I fund the purchase using a bridge loan with the assumption to sell my existing home ($1.5M...
Todd Harvey
How is DTI measured when you spent a lot on improvements?
I'm hoping to be able to either get a cash withdraw refinance or a HELOC so I can buy another building, but I have crappy DTI ratio if all my improvements are held against me.I just spent ~70k in improvements for my 4...
Roxanne Ibrahim
New LLC for each multi family?
I’ve formed an LLC for my first multi family property. It seems that Ive heard Brandon say in a webinar that each property should be under a different LLC. Thoughts?Thank you!
Tony F.
Tax implications primary residence sale owner carry
Building a new house, Considering selling my current primary residence, I have lived in it 6 years, significant inveterate in value over that 6 years (~33% gain). Since it’s my primary, if I sell, what is tax rate on ...
Graeham Ford-Feliz
Need Tax Advisor near Pasadena for rental + small businesses
I am seeking an experienced tax advisor to help me optimize my taxes for a rental property (actively selling) + multiple small businesses.
Property is in the City of Los Angeles. SFH we've had since 2009.Familiar wi...
Sabrina Sargent
How to separate personal from business expenses?
I am planning on getting a multi family/duplex and live in one of the units. Does anyone have advice on how to keep my business and personal finances separate. By that I mean what should I count as personal expenses a...
Ian Russell
Selling my rental house have a tax question
I am selling my house awhich was my primary residence. I moved out last year and began renting it out. I understand that I can take up to 250,000 tax exemption if I am single or a 500,000 tax exemption if I am marr...
Brandon Becsi
Insurance for rental
When I had a traditional home back in the day that i lived in I just paid my home insurance that was bundled in with my mortgage payment... as a new landlord that is buying low income properties cash in higher crime a...
Jeff Cave
Exclusive Buyer Representation Agreement Options -- Tennessee
My wife and I are searching for investment properties (mainly single family house - rehab and sell projects) in Tennessee. A Real estate agent we have been consulting with asked us to sign an Exclusive Buyer Represent...
Syed Kamal
Financial Analysis
The napkin based financial analysis presented at this site is great. I am trying to understand and use it. I have just one question:In calculation of net income why do you exclude principle and interest payments. Shou...