Shawn H.
SMLLC Tax election with CPA
I created a Single member LLC at the end of last year. I called my CPA to ask about any consequences transferring from husband/wife to SMLLC (myself as the sole member). He mentioned that I would have to choose partne...
Chris Wallace
Need HELP!!! Over budget and running out of money!!!!
Due to significant structural issues, my renovation is over budget and I'm running out of funds. What was a bathroom and kitchen job turned into a major reframing. I need another $25k to complete the project, and I ha...
Tim G.
RE Definitons
I am creating this post to get a better understanding of the many different terms used in real estate in the hopes to further my knowledge and hopefully anyone else who comes across this site. As a newbie, many times ...
Shaun Reed
Cash and Brrrr method
I’m a super newbie. I heard on the podcast a couple times of some people who bought a house with cash, no mortgage at all, and used the BRRR method. I don’t understand how you can refinance a house that has no mortg...
Jonathan Prettyman
need advice on partnering with a GC
Hey guys,Here is an example of my first deal I am looking to do. I mainly need advice on which route to take with my GC, who is my father in law. I proposed to him 2 scenarios. and he suggested a 3rd. Initially I came...
Jeff Boardman
First Investment Purchase!
I just wanted to share, about 6 months into my search in earnest and I have successfully closed on my first 4 plex in Des Moines, IA, hopefully many more to come!
Lori Williams
Had a lender tell me...
Called A lender today on a property that's been difficult to get rehab financing for, basically because I'm halfway through with the rehab and just need a little more to finish it.This particular lender had a $200,000...
Kayla Birkhead
Financing with an FHA 203k Loan
Hi!
My husband and I are learning about opportunities to build a REI business in order to reach financial independence, live on passive income, and build generational wealth. My husband, has work experience in const...
Dustin Smith
Creative Finance Questions
Hey all, Interesting situation here. I have two properties on my radar in my area, and I found out a couple days ago they are owned by the same individual. One is a fully rented duplex and the other is a former reti...
Valeria R.
types of loans
I want to investing in real estate by buying a house or two to rent out.Since i have the FHA loan on my first home.. what other types of loans are out there besides investment property or second home? I just need help...