Michael Puwal
Can someone explain the Buy, borrow die concept.
Can someone explain something about the buy, borrow, die concept of avoiding income taxes? I understand that you don't pay taxes on borrowed money. What do you do with the profits from the company to avoid income t...
Peter Pierzchala
Help Reading Preliminary Title Report for Auction
Is there a way to understand which liens I would assume responsibility for if I buy a bank owned property at auction?The Preliminary Title Report states under requirements of Schedule B-I:10. The matters set forth in ...
Burt L.
How to Get a Real Rate Lock on a DSCR Loan?
I"ve been shopping a DSCR and hearing odd things about rate locks. So far I've been told things such as I can lock "when I"m close to closing" or "after the appraisal is completed". The appraisal is supposed to be th...
Timothy Sumpter
Hard Money Lender Xpress Loans 911
Has anyone ever worked with the hard money lender Xpress Loans 911?
Pierce Duncan
Hello from the Bay Area California
Hello, my name is Pierce Duncan and I am an aspiring wholesaler living in the Bay Area. I have yet to complete my first deal, but I am committed to providing that value soon. If you live in the Bay lets talk! Thank...
Dylan Meyer
VA home loan for multi-family
When using a VA Home Loan how long must you reside in the property before you can move out and rent it? Do you have to tell the bank that you moved out? What kind of loans is everyone using to purchase property?
Joseph L.
Commercial Multi-Family Clauses in Purchase Contract (Louisiana)
Hello BP Family,Does anyone know if the following is required in a commercial real estate transaction specifically in Louisiana? This would be for a Multi-family transaction.A Louisiana Sales Report provided by seller...
Matthew W Croulet
How to raise money and structure a deal.
Hello, I'm new to the forum, and I was looking at a couple of deals that are worth a couple of millions of dollars. While I was looking at these deals, I was wonder how would I be able to organize a partnership where ...
Jason K.
Purchased SFH cash w/ tenants that want to stay:)
Purchased a 3bed/1.5bath SFH and the renters want to stay! Purchase was $637,500 plus closing of $20k. They are on a month to month lease and have been tenants since 2008. The rent is $2020/month. Fantastic automatic ...
Daryl L.
Covenants Running with the Land
Has anybody run into a property with a Covenant on it? How does one go about researching what this entails? I found a property that seems like a good deal but this is not something I want to get burned on because I di...