Sureen Hari
Setting up llc for single family homes in north Dallas area
Hi,Checking if anyone has any recommendations on how to go about setting up llc and how it impacts personal loans for the same. Looking any recommendations for companies that help setup llc For properties in Dallas ar...
Don Pham
Novice investor looking for a plan
Hello all! Just to give a bit of a background, I'm a pretty novice investor. I bought my home in 2010 when the 40k I was saving up for a downpayment was able to buy an entire property outright and have been house hack...
Sarah Sparks
Using 401K for downpayment
I'm looking to use retirement money for downpayment on a multifamily, but taking it out early I will lose 10K. Looking for unique way to not lose so much or put immediately into something to pay less taxes.
Nicholas Foy
Buy now or wait.
Hi everyone,
I own a single family rental in Seguin, TX and I’m looking to keep adding more rental properties. I am interested in single family and multi-unit properties. I currently have 45k in cash and I save a...
Stefan Hirniak
LLC loans impacting DTI
Hi BP!Hope everyone is doing really well. I am buying a new construction primary in May and hoping for some advice prior.I have a relatively high DTI due to 7 other other conventional loans and my broker advised that ...
Tyler Baldwin
Did the Coronavirus convince more people to get a Cost Seg Study?
2 Big Reasons Why I Think You Should Give Yourself a COVID19 Stimulus Package with Cost SegTreasury Secretary Steven Mnuchin extended the Federal Tax Deadline by three months. Which means you now have until July 15th ...
Eric Fichera
Debt to income ratio
Question. I’m a physical therapist with an 80k student loan and a 780 credit score. How much will this impede me from getting a loan to purchase maybe a two family?
Adam Allard
Why is CapEx not a part of operating expenses?
I'm reading an article, Top 21 Real Estate Investing Terms and Returns with Formulas, on some basic terminology. The author goes over what operating expenses are and lists examples, and everything seems normal expect ...
William Edwards
Depreciation Recapture via Syndication in SDIRA?
Would there be any considerations regarding depreciation recapture when a syndicated investment is disposed (ex: at 10 years) when purchased via an SDIRA (Self Directed IRA)? Will those investment funds need to be 103...
Mike Baker
Impact fee nonsense
So my wife and I bought this duplex a little over a year ago with the intention of turning an empty space, located below my living room, into a studio apartment. We were hoping to have it done but due to problems with...