Thomas Kwan
solo 401k partnering and construction loan
There is a potential flip project. Can a Solo 401k partner in a LLC that has other non-retirement money/partners to acquire the lot, and get a construction loan? Will the construction loan have to be non-recourse?
Todd Snyder
Aspiring Real Estate Investor
Hello everyone!! My name is Todd Snyder! My wife and I are aspiring real estate investors! We are extremely excited to get into our first deal! I have purchased and read 3 of Brandon Turners books (No Money Down, Rent...
Samantha Kincaid
How to set up bank accounts
We are closing on our first duplex any day. Should I create a new checking and savings account strictly for rents/expenses? What are the advantages, as opposed to using our personal account which in this first year wi...
Jeremy Bohnett
Partnership Deal while LLC is being opened
Hi everyone! I'll try to make this as simple as possible.My business partner and I are opening up an LLC in Arkansas but the process is held up for 2-6 because our registered agent had to fax a form to the IRS to rece...
Michael Friend
Rental Pay Off
My wife and I are in our mid-50s and earn a combined gross income of $193,000. We are planning a move to a southern state within the year. We currently own two homes with mortgages – a rental property and our personal...
Alexis Robinson
Real Estate CPA Recommendations
Hi BP Community!Looking for recommendations on real estate CPA specialists. We are starting out on our real estate investment journey and wanting to find the right person to help us navigate the financial side of thi...
Christopher Winkler
Who Pays The Bird Dog?
We are selling a property and a person tried to bring a couple buyers to us. One finally made an offer we grudgingly accepted, and he is refusing to pay the bird dog the $500 and expects us to pay for it.I buy houses ...
Kevin Pinkard
Funding Needed for a multifamily
Hello all, I've been reading and watching for a while now and made the jump to buy a duplex that the owner started rehab on but didn't finish. We are under contract currently but i was told that i couldnt put the prop...
Trina P.
liability insurance on first single family rental
My husband and I just made our first property purchase. We are buying in Alabama and live in California.We are going to postpone getting an LLC until we get a few more properties. Being out of state a lot of the insur...
Matt M.
Realtor & Mortgage recommendations Salisbury, MD
Hey all,We are looking to buy a house in Salisbury, Md to use as a rental now until we are ready to move. Looking for an investor friendly realtor and mortgage person. thanks!