Has anyone written off the cost of private pilot licensing against your buy/hold or note investing business? According to the IRS: "a business expense must be both ordinary and necessary. An ordinary expense is one th...
I am a new investor in Grand Rapids Michigan and have recently launched a yellow letter campaign that has resulted in me getting two duplexes under contract. I have the credit (740) and cash/w-2 income to do traditio...
I am very familiar with hard money, however It has been a while since I have used it. I am not looking for a loan, but I do wholesale a lot of properties, and my buyers sometimes need some coin. Back in the day it was...
I purchased a property cash and was going to a cash out refi and a friend offered to act as a private lender. Currently the property is in my name and I was going to deed it over to an LLC.
Are there any issues if...
Does anyone have any sources for personal loans from private individuals, like an angel investor, but not for business.
I need some advice. First, let me say that I toyed with the idea of investing for years but now am giving careful thought. I know that there is plenty of information on the questions that I am asking and I plan to do...
hey BP community, I am currently looking at a bar / restaurant looking to purchase it. the seller is offering owner financing with 125,000 down. is there anyway to get a private money loan for the down payment and may...
Down here in the Tampa Bay area, inventory is very low (1.6 months). House prices have risen to the point that even crap homes are going for top dollar. No one is negotiable. Houses are being listed on the MLS and onl...
My business partner and I are looking to use the BRRR method for our first investment property. Our strategy is to use a hard money loan to purchase a property and then refinace. I'm worried that if we do use a hard m...