Giedrius C.
Passive investor in flipping and self employment tax
I will be a passive investor who will finance the flip and my partner will do all the work and we will split profits according to our agreement.My preferable way would be to buy it in the name of the LLC I own 100%, m...
Don Konipol
The Big Difference in Passive vs. Active Investing
I used to think that the “big difference” , The “great divide” in investments was between equity and debt. A number of years later I revised my thinking and thought “business vs real estate”. Then I came to the conc...
Doug O.
Triggering due on sale clause
So I'm wondering who here has any direct experience or knowledge of triggering the due on sale clause in a loan from transferring to an LLC? Have been reading about people who heard about this happening, but never hea...
Robert Burns
Lease w/Option to Purchase or Delayed Closing Date
Does anyone have the pros and cons of using a lease with an option to close vs. a standard sale and purchase agreement with a delayed closing date out 2 years?
Russell Carter
Lease Purchase Deal
Good evening, BP Faithful. I may have a deal (my first). I spoke with a seller who has a house for sale (asking price $80,000) who is also willing to do a lease purchase (12 months at $900) per month. Out of the...
Matt Kauffman
Inherited tenants don't meet minimum income requirements
Good Evening, I just closed on a duplex in the same neighborhood as my others. They all rent for $650/door or better. Tenants pay everything except sewer. I met with one of the new tenants tonight to go over things wi...
Kent R.
Wholesaling Lease Options
In reviewing how to wholesale a Lease Option, how do you get the Seller to not require an option fee from you?
You are asking the Buyer to provide you with at least a 3% Consideration Fee that you keep, yet you don...
Reed Starkey
Sandwich Lease Option
@Brian Gibbons @Bill GulleyI recently began direct marketing to find deals to rehab. In this process I found a deal that is probably a great SLO. I admit, I have been so focused on Flipping, that I never took SLO se...
Anita Fofie
Lease Option Numbers on a Million Dollar Home???
Sorry in advance for the long post...I have a family member with a home in Calgary Alberta that she would like to sell but given the hit to the housing market due to dropping oil and gas prices she doesn't want to sel...
Maricruz Romero
Refinancing a PA property under an LLC
Hi BP!I am in the process of buying my first property in Delaware County PA through the BRRR strategy. I would like to buy it under an LLC which I know is fine but I contacted Citi Bank to ask about a refinance portio...