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I hope this is the write forum for this. Who has experience raising funds for deals? I'm currently tied up in a fix and flip that I'm doing with a partner. However, there are several properties out there I would lo...
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We have purchased a rehab property with hard money and a partner. The property is under my LLC's name. We were thinking of purchasing the property for ourselves for personal use instead of selling to a buyer. Howeve...
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I understand in obvious situations, like a duplex is a two family. In my particular situation, it effects our financing opportunities. The bank will not lend on more than a 2 family, and our terms change if it is a si...
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I'm looking to buy a cash-flowing duplex for cash from a wholesaler and then refinance out later, basically the BRRR strategy. If I don't use financing for the initial purchase of the house, can I actually deduct th...
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Hello BP,
I had this thought the other day and am not sure of its legal issues so I figured I would ask the BP community.
Say I find a house that I am planning on using private equity to purchase and fund the rehab,...
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Hey guys and gals,I just purchased 2 single family houses and a duplex to go along with another duplex I currently own. I'm just curious how much cash I should try to keep in reserves at all times in order to deal wi...
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I hear it not good to put investment property under your name but under an entity or LLC - is this true? as I do see the positive to an entity/LLC.
If under an entity - what name or how to you plan on the naming for ...
Hello. My name is Chris and i am 15 years old.(My parents will be helping of course) I am looking to start wholesaling very very soon and was directed to this website. This will be my first post and i am very excited ...
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Hello! I'll keep this short. What would you do if a tenant has tested positive? The building he lives in has 24 units. Is it my responsibility to let the other 23 tenants know?
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Good morning. I am in the process of trying to execute a 1031 exchange. What I am attempting to do is enter into a land sale agreement on a mobile home park with seller financing. So I would have a contract for owners...