Jerad Casto
Advice Appreciated: 6 Unit Deal
I'm interested in a 6 unit complex in my area. The lender I am trying to get prequalified through is requesting 3 years of tax returns from the seller. The seller provided the tax returns but the claimed cash flow h...
YiBing T.
Buyer's lender is requesting sellers LLC operating agreement
Hello BP,
My wife and I are flipping our first house. The house is in the name is a LLC. The buyer mortgage company is requesting us to provide them the operating agreement of the LLC. I can understand if this requ...
Alex Kolbo
How to encourage hoarder to sell while they drag their feet?
How to motivate a seller to sell who isn’t procrastinating to sell?There is the perfect house I would love to buy as my first rental, especially since it’s my neighbors house and it is an eyesore but could be easy to ...
Joshua Aycock
Tax Implications for Seller in Seller-Financed Deal?
What are the tax implications for the seller in an owner-financed deal? I've identified an off-market property that I'd try to get seller financing on. They've held the property for a couple decades, and would likely ...
If you want to pay fewer taxes or outright avoid taxes in 2024, you’re in the right place. We’re about to give you all the last-chance tax tips and loopholes you can use NOW to pay WAY less in taxes in 2024. All of th...
Mike Dymski
monetized installment sale
I am considering a monetized installment sale and would be grateful to connect with anyone who has done one before. This is a difficult transaction to get comfortable with and not a widely known strategy.For those no...
Joshua Schoer
Any NC Bank that will do mortgage under an LLC w/ personal grnty?
Hi I am hoping to purchase my first rental property and have already set up an LLC for all of the tax benefits that it brings.I was hoping to get a mortgage to own the property in Charlotte NC under my LLC's name with...