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I am a partner in Canini Properties LLC in San Antonio, TX and have a quick question. For my flips i usually use hard money to secure my properties, however if i was going to secure a buy and hold, what other way coul...
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Q1: How do I report the interest passive repayment interest income from a hard money-bridge loan I made to a flipper?
Q2: How do I report the profit and expenses from the sale of a flip?
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I am looking to ask family for a hard money loan for a property. My self employed status and 2020 tax return are making a conventional loan difficult. Is the a template document available to use as a contract? If not,...
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I am in Lancaster Pennsylvania! I am looking to borrow some private money and I have couple people that want to land me money. Can someone please explain the legal process so I do everything right? thank you!
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Hello BP community members! My name is Mike Bassett and I live in Puyallup, WA. My head is swimming right now with information overload regarding real estate investing. And to top it off, I have never been much of ...
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Do any one know in good source to get unsecured business line of credit. Newly formed LLC need quick cash and don't want to use hardmoney lenders to get into deals. FICo 738
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My husband and I are finally ready to take the plunge and buy our first rental property. We always hear from bigger pockets, social media, podcasts, etc about not having to use your own money in a deal. We are pursuin...
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Land Wholesaler here looking to get into buying land, building on it, and then selling. Who are the best people to follow, courses, coaches, or mentorships? Yes, I know you can learn anything free online, but I need t...
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Have never offered on short sales but have questions before I try.Is the listing price on a short sale the least the bank will accept?Does Approved short sale mean that the bank has approved the asking price?Does Pre-...
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Hi everyone! My name is Riki and I'm a 26 year old who lives in Los Angeles (Inglewood to be specific). I just recently gained an interest in house hacking and would love to dive into it. As I am a beginner, I was won...