Sonny Lee
Rental Property Investing 101 Discussion
Greetings,My name is Sonny Lee, I live in the Minnesota Twin Cities area and I am new to the Real Estate Business field. I am planning to invest in my first Rental Property (2 units) and would like guidance from you a...
Tristan Pearrow
Purchase Investment Property wwith No Income Docs - DSCR Benefits
Hey BP Community, I noticed a good number of questions I answer on here are related to trying to purchase a property, but having issues with income, so I think many of you will find this post VERY helpful. I really ho...
Jesse Turner
Group Purchasing Power for Properties
Hello! I'm searching for an insurance professional to discuss the concept of negotiating group purchasing property insurance for a discount (similar to what is done through health care via employers).Are there regulat...
Russell Taylor
Cashing out inherited ira to buy real-estate
Here is my situation. I inherited an ira and had to set up an inherited ira, non spouse. I am wanting to cash this out and buy more properties. I talked to the company holding the ira and I don't have to pay the 10% ...
THU NGUYEN
Paying your children to shift income from your business
Hi,Any tax guru can help me out on this question:I want to pay my kids for working for me...but don't really know the pros/cons between W2 - payroll vs Issue 1099?Thanks in advance for your help.
Amaf J.
Cashing out Roth IRA for REI?
Hello everyone,I just wanted to ask a question about using the funds from my Roth IRA towards the purchase of property. I've done some calculations and realized that my Roth IRA is yielding some horrible rates of retu...
Kyle Fasano
LLC or Corp???
Starting wholesale business in New Jersey. LLC or S/C corp?? should i go online or do it through an attorney??
N/A N/A
New Investor From Cali
Hi everybody. I'm new to the forum as well as to real estate investing. I've been self-employed on and off for about 10 years and was look for some new ways to generate income. I've been interested in real estate for ...
Account Closed
buying a fourplex as a personal residence?
If I was to buy a fourplex as a personal residence an live in one of the units would the rent from the other three units help qualify for the loan or would I have to qualify as if the unit was vacant?
Jeff Willis
SCAM ALERT - Fraudulent pay stubs
Maybe I am slow to the game, but anyone can generate a fake pay stub to show their earnings. I see this as a problem if you do not know about these sites and know what to look for. It is easy to create a complete phon...