Account Closed
Tax on Interest Income
Interest income is taxable on schedule B. As a lender, what if the note in addition to interest also calls for a split of the profits on a flip, is that also considered interest? I'm assuming lender has no ownership...
Grace Griffin
First Time Private Lender Terms & Proposal
As the title gave away, this is my first time asking for Private Money, but it's also my lenders first time considering lending private money (I floated the idea to one of my trusted buyers and he is interested, and a...
Semilore Lawal
House Flipping Financing options
Hey everyone,New investor here, I only have $20,000 available for a house flip project which cost $220,000 and the rehab cost $60,000 making it $280,000, all other additional costs including closing costs sum it up to...
Daniel M.
Planning a Sustainable Duplex on a $200K Budget for Positive Cash Flow – Need Your In
Hello BiggerPockets Community,
I'm in the planning stages of an exciting project that aims to construct a sustainable and efficient duplex with a budget of $200,000. The project's primary goal is to offer comfortable...
Chris Summons
Contracts for Sub Contractors to Sign
Hello BP Community,Well I am official, I purchased my first house to flip two days ago. Yay!!! As I start to look at what sub-contractors I want to use I wanted to see if anyone has a good base template for sub cont...
Dave Williamson
Looking for contractors for high end Atlanta renovation
Hey guys, I'm looking to overhaul a property in the Atlanta/Brookhaven area. The property is in good condition but will need a full renovation.
I'm looking to get quotes for the whole interior:
- New kitchen includi...
Kati Stratos
Looking for handyman in Atlantic City / Ventnor NJ
Good morning everyone. I am looking for a reliable handyman who can support small to mid-sized projects at my short-term rental properties. Tasks include replacing smoke alarms, window screens, mounting TVs, assemblin...
John Mason Wallace
Cost to build a Duplex
I'm looking to start building "missing middle" housing in the Belmont neighborhood of Charlotte, NC. It's one of the few pockets of the inner neighborhoods that are affordable.... though, that's quickly changing. The ...
Jack Amaral
1 Deal Per Day Feedback.
This deal is a 4plex in St. Paul MN from Realtor.com. All units are 2 bed, 1 bath. Asking Price is 875,000. The plan would be owner occupancy, 3.5% down for an FHA Loan. Looking at this chart from my excel sheet it lo...
Doug Spence
Second Investment Property
Investment Info:
Single-family residence buy & hold investment in Milwaukee.
Purchase price: $89,000
Cash invested: $33,422
I'm active duty Navy and this is my second rental property. I purchased...