Matthew Schlottman
Colorado tax on Flip through LLC
Weird question that will probably require a CPA but wanted to see what people had to say first. Through an LLC a partner and myself flipped a condo in Colorado this year. He lives in Colorado, but I do not. Since ...
Hayes Hamilton
Flipping Houses? Best Approach?
I am a new to the flipping idea. I know people that have done really well with it and I am willing to learn. One question I always had though is how do you get in contact with the banks that own the property? It has t...
Rhonda Hart
Thinking about HUD Foreclosure Investing?
A HUD home is a property that was acquired by the U.S. Department of Housing and Urban Development (HUD) as a result of a foreclosure on an FHA-insured mortgage. HUD homes are often sold at a discounted price, and the...
David Bilandzija
LLC & Trust, no EIN - How can I open a bank account?
Hi BP,I'm representing a borrower in FL and we are at clear to close on his cash out refinance loan (investment property). We cannot close because he wouldn't be able to cash the check for his cash out proceeds. The ...
Andrew Spencer
Short sales
Are you able to wholesale a pre-foreclosure property without legal issues with the IRS and FBI for fraud?
Greg Larson
Code Violation Lists
Have you guys ever gone to your local municipalities and asked for a list of properties with code violations? I recently went to several of my local offices and requested "A list of all residential properties with op...
Troy Gandee
Question About How to Transition out of Primary Residence
Hey everybody,I'm a Realtor and investor. I'm quite experienced, but I usually use private funds as opposed to bank financing. I bought a new primary residence in April using a Freddie Mac loan. The intention was to p...
Jeff Carroll
Best Way to Wholesale HUDs and REOs
Hi Group!
This is my first inquiry to BP but I've learned a lot from the site and appreciate all the advice that is so freely shared!
I have a few transactions under my belt as a Realtor and have also ...
Chris L.
Commercial Appraisal for off market sale
I'm interested in purchasing a property to use for my own business as well as have an additional tenant to offset an SBA loan. I'm interested in a local building and a potential off market sale. The owners have some i...
Jalen Greenlee
Private Investor Refi or Suggestions on How to Move Forward
Hey!
Last month, my wife and I purchased a fantastic duplex in Madison, WI, for $400,000 using an FHA loan. Our plan was to do the traditional house-hack, but things haven’t gone as planned.
During some self-testing...