HiHad a tax question I’m trying to wrap around.If I loaned money, such as cash at property closings or my credit card for llc to use. Besides reporting any earned interest I get; if the llc goes under can I write of...

Hi Folks, one of my friends is having some trouble getting financing from banks, let me share the email he sent me.

Banks want 2 years tax returns that show agi to carry the loan. I have really good credit but don't ...

As a FL Mortgage Broker, Real Estate Investor and Landlord, my advice to investors who are opening new LLCs, is to consider include the word RENTAL(s) in the name of your LLC.Examples:Smith Rental Properties, LLCSunsh...

Hi everyone,I plan on investing in real estate I am conflicted...Currently I owe $31,000 in student loans, I can't remember my interest rate but it's under 6%. I also owe $10,400 on my car and I have a $700 left on my...

Just need some help with renting a house in a low income area. I've got a potential tenant that has a credit score of 563. They currently owe around $5,000 to various companies. They do make 3x rent as far as income a...

Hello BP!!

This is my first post. I've become interested in real estate after talking with a friend about how to get more cash flow. I've been reading many posts and listening to podcasts daily on BP. My goal is to ...

Hello all, Can fellow landlords give us examples of minimum credit scores they accept for their properties, and the rent of those properties? Thanks! (Ex. Minimum 600 score for a $1k/month SFR...etc.)

I'm purchasing a home for 150k that has an ARV of 200k.  I would like to finance the purchase with a 30 year conventional loan, do some minor repairs then refinance the property and take cash out within a couple of mo...

What are differences between the good and bad debt?

I have plenty of Credit card debt but I wasn't sure what's better immediately focus on the debt or don't worry about it for now and look on buying a house with the idea of flipping the house and using the profits to e...