We partner with a guy who does fix and flips. He buys the house and does the rehab. We loan him the money both to buy the house and do the rehab and we share in the profits when it sells. We don't charge interest p...
Some of you might be facing the predicament of buying and selling a home at the same time. This can be challenging especially if you need the funds from selling your current home to buy the next one. If this process i...
Hello Bigger pockets family,Looking for advice on a situation I came across. Property was purchased 2 years ago by the current owner. Va loan. This individual stopped paying (not sure if flat out stopped or had forebe...
Hi, all.My handyman/property manager lacks the ability to get home financing. Years ago I agreed that I would buy a home under my name, rent it to him, and figure out how to transfer title to him or to his young son w...
The commercial office space is owned by my LLC. I need to allocate a certain rent to pay myself as I use 2 offices working as a medical provider (another LLC). The higher the rent, the better for tax purposes. Is ther...
Hello all,
I am a young investor who just purchased my first duplex roughly 4 months ago. I live in one half and the other half covers my mortgage, plus. So good start there.
I'm looking to buy a triplex or a quad n...
My wife and I are looking to buy an investment property in FL near her parents. We currently live in CA, but will most likely be moving to FL in the next 5-10 years. We pitched the investment property to her parents, ...
I have been working with a homeowner to avoid foreclosure. I guess in this case he wouldn't be considered a seller. A Notice of Default has been issued and the borrower is a few months behind in payments. He current...
Ok BP, so I wanna reach out to a few hard money lenders to have my money in place once I start getting properties. But want to make sure I was asking the right questions when vetting the HML. So far here are the quest...
Hi, I am thinking about taking a partner on my single family flip which I am closing in a few weeks.I would be doing everything on flip, purchase, rehab and selling. The only thing the partner will bring is the down m...