Situation - we purchased a property with my daughter and SIL 3 years ago. We put up 1/2 down payment, they put up 1/2 down payment. Property mortgage was taken out by my wife and me - kids are not on mortgage or title...
Hi BP Family!I was wondering what were the best options for business lines of credit. I would like to establish one so that I can use the line of credit to fund rehab projects on our properties and then pay them off ...
I have an owner/user building that houses my business. There is substantial equity in the building, while simultaneously the business is no longer strong as it once was. My current plan is to sell (it is currenty on t...
Hi All, My partner and I recently purchased a home, acquisition was 130k after closing. He put about 90k into the home in renovations. It gets a little tricky because my partner is also my boyfriend. He was expecting ...
We have located a location / opportunity to potentially develop a self storage property in Texas. Our preliminary due diligence looks promising, and we have good feedback from a self storage development advisor.We're...
I found two houses that are from an Asset Manager.
I want to wholesale a deal to another investor, but how does it work when it involves an Asset Manager selling those two houses??
These are vacant. The selling pric...
Need some help with tax math here. Wondering if this is a viable alternate strategy to a 1031 exchange? Here are the specifics:I'm getting ready to sell a rental property (Property A) for about $6.5M next month ...
We bought our dream house in Rancho Cucamonga and closed escrow since August 19, 2021. We agreed to Seller's contingencies such as property sold as is, with a 30-day stay after escrow without pay. It's 34 days after c...
Hello, I finally sold my first deal, but it did not to go as well as planned. My LLC did not make any money for its first whole year and all the finances came from me loaning it. I know for a fact I probably d...
So I am doing more digging on self-directed 401(k)s. Specifically I am interested in the i401(k) and LodestarSD Solo 401k, although I am not sure that they are functionally much different other than the fee structure...