Tom Harvey
Formalizing a Business
I own 2 pieces of property outright and am working on closing on my 3rd investment property. At what point should I form an LLC or something similar to help protect my family and my future investments? Where do I star...
Kyle Bambu
Using Employee 401k Plan to Fund Real Estate Investments
Hi everyone! I'm starting a job at a company that will match my contributions made to a 401k or Roth 401k. I'm trying to figure out the best avenue so that I can use the money in either account to fund real estate inv...
Wesley Weber
What to expect when refinancing hard money rehab?
I'm coming around to the idea of BRRRR instead of fix and flip. Have some questions about what to expect on the refinance side.What is a typical max ltv based on appraisal value after rehab? Is conventional refinancin...
Connor Mather
Mortgages for Travel Nurses
Lenders,I am hoping to connect with a lender in NC who understands and also works with travel nurses. For those of you familiar/unfamiliar with how travel nurses are paid I will explain.Travel nurses taxable hourly ra...
John Thedford
What Might A Typical Pre-payment Penalty Be In SW Florida
Greetings fellow BP'ers...I have been doing some private lending (for some BP users as well as others) for some time now. My general parameters are 12%, 4 points origination fee (rolled into the note), for one year wi...
John Stanley
Taxes when crowdfunding vs. individual purchasing
When someone invests in a crowdfunding platform (like Crowdstreet), is this considered a real estate purchase or is it something like shares in a company? I think I read that they will issue you a K1 statement so I'm ...
Diana Fernandez
Pay cash or 20% down on a loan for tax purposes; 90kMFU
Hi newbie here,This will be our first out of state Multi Family unit purchase. It’s located in Texas off market and going for 90k. I was considering paying it cash or 20% down and carrying a mortgage for tax purposes...
Matt Streeter
Capital gains if you're still in the negative?
In January my wife and I purchased 130 acres of land, for 480,000$. we are going to sell two 10 acre building lots, probably for somewhere between 100-150,000 each. we will keep the other 110 acres. 2 acres we will ...
Brooks Rembert
Potential Flip is Next To A Mobile Home
I've got a great lead on a potentially great flip property. It's on a half acre, great school district, strong comps, just outside the city limits in the county, but my concern is that right next door are two mobile ...
Adam Widder
Where to store rental reserves?
We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...