Mark S.
Syndication Check Payable to Trust: Depositing to Personal Acct
I had my attorney create a revocable living trust for me several years ago for estate planning purposes. I use this same trust to hold my real estate syndication investments (again, for purposes of estate planning an...
Account Closed
BRRRR - Financing Up Front
When using the BRRRR Strategy, is it too risky to use a traditional loan with a 20% down payment instead of buying the property up front?
Ryan Morlino
How to structure bank accounts and business vs. personal
My wife and I are in the process of filing for an LLC through an attorney before we start our rental business in a few months. I have some questions about how I should structure my bank accounts and which need to be ...
Lucas Miller
What should I do with $20k?
Hey Folks,I read the forums a lot and love the podcast. Thank you all for making this community great! I am in my late twenties living in San Francisco, and have been saving up to get into real estate. I like houses a...
James R Dean
Looking to finance with no money down with private money loan
Hello Biggerpockets family,I have a contract on a 4 plex, and just finished a BRRRR. I have one occupied property and my personal house currently. I have talked with 3 banks and two of them basically told me that sinc...
David Stafford
Escrow Accounts for Rental Properties
Hi All,I'm looking to purchase a number of smallish rental properties and I'm curious as to the general consensus (or rules, as it were) to the incoming rental checks -- do I open an escrow (or simple checking) accoun...
Jazmine S.
HML, Conventional, Portfolio. Do any give you liquid?
I am trying to make sure I truly understand how lending works... I have always thought that when you have a conventional mortgage, they "lend" you $100k (as an example) for the house, and that is pretty much collatera...
Aldrin Meneses Quijada
about OPM please help me.
GOOD DAY BP!
i wanted to ask question,
for example;
there is this property that is listed for 254k with rehab cost around 9000 usd and its ARV is about 300k. now i need, 263k i wanted to use other peoples money. ...
Michael S.
LLC Start-Up Cash and Funding
Hello! I'm a new investor with a shiny new LLC. We're getting ready to close on a 4-plex, and I'm curious about a couple of things.When forming the LLC, we decided (with our attorney) to capitalize the business with $...
Jorge Suarez
What would you do - SDIRA or Distribution ??
I have a small retirement IRA account from a previous employer (a little over 20K).I would like to use this money to purchase an investment property along with some savings that I have.I have been looking to put the m...