I have an investor friend wanting me to provide very short term funding for deals they are wholesaling. I need to get more details on how exactly this will work, but as he tells it the funds may only be needed for min...
Merry Christmas all! It's time to celebrate. We paid 50% of our HELOC in just 2 yrs. Now we are ready for our First Rental Property. Need your advice. Should we/can we sell the home to the LLC? It's our primary ho...
Good Evening!
Looking for some general advice on getting into a Flex Space new build deal within the Southeast. Where to start? What are some realistic numbers on upfront $$, creative financing, carrying costs, e...
I have 24 hours to present my offer to a seller. I want to purchase the property using a lease option. It is my understand that a contract purchase DOES qualify for the tax credit. The deal in some ways hinges on the ...
just acquired a short sale deal , the purchase price is OK but not really cheap. my attention is renting the house out quickly.Here is one of my biggest questions puzzled me:Do I need to remodel the house or just fix ...
Hey Biggerpockets crew! I have been spending a ton of time reading and listening to podcasts on REI. A common theme I have heard is that many investors say they had wished they had gone bigger sooner. I am taking th...
To me, the most important tax worksheet is the Qualified Dividends and Capital Gain Tax Worksheet on Page 36 of the 1040 Instructions.
Line 9 of the worksheet says: "This amount is taxed at 0%" What is line 9? It's (...
Hi everyone and thank you in advance for your help. I live on the same property as my parents and there is a lot of equity in their home and I am trying to assist them with investing that money to increase their passi...
If anyone might have any questions in regards to a hard money loan, This is is the forum to ask. The more you know about how hard money works, the easier it will be the make the right investment.
Hello, the IRA firm I'm working with wants a Amortization Schedule for the private lender I'm working with. The terms are $187k at 12% interest only monthly payment. Does anyone where I could find a nice Amortizatio...