I searched the forums but could not find this exact question.I borrowed from my 401k to use as a down payment on a rental property and now pay that back monthly with interest. I believe for 2017 anyway, I can claim th...
Hi Folks, Not too long ago I joined bigger pockets and in the meantime, i started looking for duplexes. Couple of days before came across the property in fort worth, TX. It's been sitting on MLS for almost two months ...
I am working on a getting a HML on a 4 unit property. My first time using this HML and I just received their application. Their application is extremely extensive (seemingly). They ask for all my RE owned, name and...
What is the best approach to protecting both parties when partnering with an investor for a fix and flip. my thought was to purchase the property under my newly formed LLC. How do I to ease the concern of the investor...
To give a little background,Selling agent of a property proposed a cash deal and reached out to me about an offer that I might be interested in. I contacted my Agent and we went to look at a property that which was of...
Hello,
I've been searching for answers all morning, and been receiving different answers.
From my understanding:
Assigning contracts - I can only sell a property to a buyer for the same price I bought it; my profi...
I have a property under contract (3/2) that has a 2 car detached garage. I want to rent the garage out seperately from home (additional 250. a month just for storage "no hazards, no utilities,) . It has its own drivew...
I have tried looking around for a single close construction loan for a multi-unit building. I have access to a VA home loan and plenty of banks will fund a construction loan using the VA. But it's only for a single-fa...
Hey BP family, I have just recently upgraded to Pro and am kicking myself for all the great info I've been missing!! I'm a newby investor with one rental out of state and I'm currently working on a flip deal with a f...
Good Morning,
I was wondering if anyone would be willing to share their experience and terms of private money loans. I recently had a family member interested in lending me private money, however having never gone...