Michael R.
BRRR Issues - Land Contract Refi Options?
Hello All,I purchased an SFR last August from one of my coworkers using seller financing with the original intention of flipping it. This was his mom's home which was owned in a trust, and they decided to use a land ...
Isaac Isaacson
Another 1031 Exchange Question - From Real Estate to RE/Business
Contemplating selling an investment property. Can I 1031 exchange into improvements on another rental property I already own as well as use capital gains for furnishing it?
If I have already began the proces...
Matt Ward
Multi Family REI Corporate Structure
Planning to invest in GA.Question, from liability, tax and safety standpoint, what is recommended structure for company.Thinking and have heard many times an LLC or S Corp as holding company with sub-LLCs in the state...
Account Closed
Mortgage Rates - April 2015
Got a quote for a 30-year fixed at 5% with 20% down on investment property. Does that sound about right? My credit is excellent.
Tud Jones
TARP, P-PIP.
I got a letter in the mail about TARP, P-PIP, and how a firm here in Vegas could buy my loan from the mortgage company then use TARP money to subsidize a reduction in principle/negative equity of my mortgage. I calle...
Carolyn Harris
Seller Financing Wholesale - Feedback Needed
Current SituationI have an elderly woman who is motivated to sell her property that she inherited from her father who recently passed. The property only needs 10K in repairs as it is in very good shape - only bathroom...
Marcos Torres
Stuebner Airline Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $75,000
Cash invested: $40,000
Sale price: $165,000
Purchased after it was out of probate for $75k with a $60k ...
Marcos Torres
Stuebner Airline Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $75,000
Cash invested: $40,000
Sale price: $165,000
Purchased this home after it was out of probate for $75k wi...
Cheryl Ward
Investing w/ Adult Son-Deal Structure If He Lives In Part of MFAM
Hi:I'd love some advice on how best to structure a deal/ownership. We're new to investing and in the process of looking for our next deal. Simultaneously, our young adult son is looking for his first home. Since he's ...
Jason H.
JV Split, Settlement, and Capital Gains
Hey there BPers,Question: I'm JVing a deal (50/50 split net sale proceeds) and I am curious as to when this split should occur to avoid incurring any unnecessary capital gains taxes. I'm assuming the 50/50 checks wo...