Justine Scheuher
I got a 4plex house hack! LLC Bank acct Question
I closed today on a 4plex! I will be living in one of the units for rent free (or +/- $100 depending on utilities). I formed an LLC and opened a business bank account. Question: Question, what is the best way to use t...
Evan Swanson
Best business entity for renting out an owner-occupied duplex?
What is the best business entity for people seeking to buy a duplex as their first home and rent the other unit out? The property will be paid with by residential lending products and personal money, but how is the bu...
Ramon Coronado
New Builder and Developer LLC
Hello BP. Been digging around in the forums for over a week now and still have not found an answer to my question. I've been buying vacant lots in Joshua Tree and Palm Springs for the past 2 years. Just closed on my 4...
Steven Hershey
New investor, is LLC the best way to go?
BP Good Morning! My wife and I are about to close on our first turnkey rental property in Lebanon, Pa. This was an exciting process and we wanted to get our feet wet so we decided to go with a turnkey property. We wan...
Melissa Smith
Hard Money (personal LLC) to FHA (personal name) in Texas?
Need some help here. I currently have a hard money loan using my LLC on a property in Texas. The rehab is complete and I want to convert the hard money to an FHA and live in the property. The FHA will be in my pers...
Jared Elms
Trouble selling a Flip?? need help
I currently have a semi high end flip that is not selling and could use some advice. I get pretty good feedback but interest rates and economy have restricted the buyer pool. Was asking 649k, now currently at 569k. Co...
Gabriel Benavidez
Stock market even worth it?
Do any of yea have personal money in the stock market? Is it even worth the hassle and time? What are some pros and cons about it? Or is real estate the way to go and invest everything in.
Steve Frick
Would I be prohibited
Hello,I am still very new to BP and have found a lot of great information here. Thanks to all. So here is my question. If I start a solo401 and use that to fund a specific flip with a local RE business can I do other...
David McCellon
How to fund rehab
My partner & I just build our LLC, we have a list of properties to fix & flip. If we don’t want to use our personal money, how can we fund rehab?
Mike Landry
Interest tracing rules???
Can someone help me out with interest tracing rules in my situation.....I've read a few things and Im just confused. Here is an example. Lets say I have 200,000 in my personal bank. This money I specifically alloca...