![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/385370/small_1621448229-avatar-cyberogre.jpg?twic=v1/output=image&v=2)
Hello all,I have dug around for a bit, but I can't seem to find what I am looking for. My business partner and I have had a good run on joint purchases and solo purchases; however, we have reached the limits of our re...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/227117/small_1621434598-avatar-russ_knowles.jpg?twic=v1/output=image&v=2)
When starting up a new company and seeking funding, are you able to or is it taboo rather, to ask for payroll and/or operating fees during that start up?My scenario would be a start up property management company that...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/885538/small_1621504975-avatar-guyy1.jpg?twic=v1/output=image&v=2)
I set up a parent LLC (not a series) for my properties (each have a LLC). I have a separate acct for each door. Each account has a checking and savings. the savings is for deposit escrow. If I move my rental income to...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/85005/small_1621416112-avatar-shakaama.jpg?twic=v1/output=image&v=2)
Dumb question: My Realtor wants proof of funds why?
I ask my realtor to put me on a list of houses that need repairing. He says, "sure, give me a POF".
Stupid question: why?
I've asked several rea...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/329657/small_1694652846-avatar-martygold.jpg?twic=v1/output=image&v=2)
Am I correct to understand that a bank or credit union will not negotiate their current set mortgage rates for a small time rental property purchaser? I do believe some banks may have slightly different rates. Do ba...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/167141/small_1695077340-avatar-navifoto.jpg?twic=v1/output=image&v=2)
Long story short..I have one rental (been renting it out for past 10 months) and it is fully paid for and I want to be legitimate with taxes, deductions, etc. I want to keep things as simple as possible, so I guess...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/82462/small_1621415813-avatar-lshap.jpg?twic=v1/output=image&v=2)
Hello all,
I'm hoping to pick your brains about some things I don't understand when researching foreclosures, particularly county foreclosure auctions.
What I *think* I understand so far is that typically the bank ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/106880/small_1621417334-avatar-marcusroberts.jpg?twic=v1/output=image&v=2)
Is there a difference between a simultaneous close and a double close?
As a wholesaler what profit range would you opt to do an assignment vs simultaneous close/double close?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1134299/small_1696443688-avatar-krystlm.jpg?twic=v1/output=image&v=2)
Hi everyone. I am just starting out with my 1st rental property in Hawaii but am wondering which one is more beneficial: 2nd home that's a house hack vs. investment property. Per the lender I'm using right now, she sa...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2481388/small_1712786298-avatar-rivers3.jpg?twic=v1/output=image&v=2)
Hey Everyone – I’ve been interning this summer at a private lender in the real estate space and have put together some of the tricky concepts that are commonly used. Thought I’d share five that I’ve come to understan...