How would taxes work if I receive money from a wealthy friend who isn't a "Private lender", but just someone willing to donate cash to help me with a fix and flip. What forms should be given from me to them, or them t...
Two years ago we purchased a single family home with about 18% down with a 5.5% rate. When banks were offering 3-3.5%. It worked for us and I considered the added 2% to be the benefit of getting owner financing. Today...
Hello all,
I understand that LLCs can't purchase homes use Homepath Renovation loans. Does anyone have experience with purchasing an REO using a Homepath Renovation loan as an individual and transferring own...
What concerns would you have with paying someone who is not a licensed real estate agent/broker to manage one or several of your properties, specifically in MO?
Hey guys, from France. So as I was doing my research on rental investment properties And laws we need to abide by. I realized there are lots of rules and exceptions and rules and exceptions for tax exemptions. There a...
Hello everyone,I recently went under contract for a 3 unit MFR in the Cleveland Heights section of Cleveland, OH. I need to connect with a lender who can assist me with obtaining a loan based on the following criteria...
How does wholesaling with a realtor work?. Is it the same as a motived seller or a bit different?. I see a lot of properties for sell with realtors and wonder if I’m passing up potential deals.
Can anybody answer the...
Quick question. A Fannie Mae Homepath property popped up near me. My realtor says I need to wait 3 weeks before we can make an offer as an investor. 1) Are offers during the initial 3 weeks limited to first time ho...
My lease says that the tenants are jointly and severally liable for the rent. One tenant is leaving. I've informed the remaining tenant that he is responsible for the entire rent and he said that he wants to get a ro...
Hello BP,I was just wondering what everybody's thoughts were on wholesaling with a license and without a license. I ask because I currently have a license and am considering going inactive. I initially had it for th...