Dante Barnes
How to avoid paying taxes on received capital
Hello everyone, I have a question. I am about to receive $100k from a family member for the sole purpose of real estate investing. With the money I plan on putting down money on a multi unit. my question is how do I a...
Ryan Meyer
Starting a barber shop
Opportunity knocks. I'm considering co-ownership as a capital providing partner in a new small business (barber shop) in Oklahoma. The demand requirement exists and there is a new plaza being built with an appropriate...
George Duchatelier
Information on LOAN+ REHAB (just looking for the process)
My partners and I already have 2 Buy and hold properties in OH. We are thinking about buying a triplex which needs a FULL REHAB. The cost of the property is 18k.As far as getting a loan to buy and rehab the property, ...
Adrienne Donner
No Comps - How do I get an ARV?
I found a great triplex with lots of potential but my realtor can find no sales comps within the last year in the area. It is in a section of the city that is separated from the rest. How will an appraiser evaluate th...
Justin Grant
Question: Tapping equity to cover down payment costs
Hello all - I am a new investor with three properties under my belt so far:1. My primary residence (Which I've owned since 2019)2. My first SFR - (Acquired in April 2022)3. My first STR - (Acquired in May 2022)My cash...
Jessica Costa
Heloc / Relative Seller Financing
My husband's uncle is looking to sell his two family property and we are interested in buying it. There is no mortgage on the property and we are hoping he will consider seller financing. We have a few questions: 1. C...
Blake Harper
New Duplex-Help Analyze Deal
Looking to buy first deal and need help analyzing it. Property Details-Asking price $202,800. (Lets say the bank doesn't budge and I buy it for this amount and seller pays closing costs).Foreclosure! Duplex 2 bed/1 ba...
Donald Kellogg
Rehab funds wrapped in a HM loan are they counted as a expense?
I flipped a home in Arizona and wrapped 60K rehab funds in the HM loan. Is this a expense or is it counted as a gain at close? If it is a expanse what IRS publication addresses this item? I count cash in and cash out...
Ed L.
Writing down Principal
I have two investors who started a development right before the bubble popped.
Rather than cutting their losses they decided to double down and finish the development.
They are now upside down big time. Been slo...
Curtis Hallenbeck
401k Withdrawal Penalty free upto $100k
Just found out I could take up to $100k withdrawal from my 401k without the 10% early withdrawal fee. Anyone else taking advantage of this opportunity? I see it as a great way to get started on my first BRRRR.