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I think the federal government needs to start coming down with stricter regulations for mortgage banks. I think they are playing too many games with tricky lending practices, all in hopes of getting business. Too ma...
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Howdy everyone. Hope you are all doing great!So, this year, I will make around $140k on paper. I make right over $70k at my day job (with... no benefits, yes I know, moot point) and my rentals will pull in right arou...
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Hello BP community,I am exploring all of my options for investment capital and before I consider banks, private and hard money lenders, I wanted to get some ideas or suggestions from other investors who have either us...
Hi! My boyfriend and I are both 22 years old and want to buy our first property, hopefully a four-plex, this year (Milwaukee, WI). We are going to try for an FHA loan so we can house hackThe issue I'm worried about is...
My tax adviser is telling me I need to set up an SEP Retirement plan to lessen my tax burden this year. I am primarily trying to shelter profit from a flip. I am a W2 wager earner and have rental income as well. I do ...
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Welcome to our Question of the Week!
This week's question is both fun and helpful for our short and mid term investors. Now that travel restrictions are being lifted and mandates are changing, many people are thinkin...
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Hi, I have an IT business (LLC) that I use for consulting work. Now I have purchase contract for a Multifamily for which I am taking a commercial loan. Should I start out a new LLC to put the title on or use the exist...
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Hey everyone, I recently moved to Dallas a month ago to start my career in wealth management as a client associate, working 40 hr weeks, with an above average salary. I just turned 22 and want to purchase my first ren...
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Hi All,I posted this in another forum, but didn't receive feedback so I'm posting it here. I recently passed my RE exam for MD and plan to obtain licenses for DC and VA next. I'm looking for suggestions from the agent...
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I believe I"m finishing up negotiations on the A side of a large wholesale deal and the sticking point seems to be the choice of title company. Property is a multi-family that I will then split into different units f...