Hello BP!
  I have been receiving letters informing me that my "VA guaranteed loan has been tagged for inclusion in our VA IRRRL program".
I called the number on one of the letters (I've received many), an...

When rehabilitating or investing in the rehabilitation of an eligible historic or non-historic building, you may be able to take advantage of one or both of the historic tax credits: 1) Historic Tax Incentives and 2) ...

Hello! I currently live in a 1,000 sq ft home on a 7,000 sq ft lot in San Diego county. I am building a 1,000 sq. ft ADU in my backyard. The appraiser from the bank lending me the money for the project said my home wo...

Good afternoon, I've received a bid for a new construction project (roughly 100 units Multi-Family in suburban DFW) on free and clear land.  I had a number in my mind prior to beginning the work on bidding / planning ...

Good morning all!I was pondering through ways to approach various leads I have received through Direct Mail campaign and figured I would throw a few questions out to BP for experienced lenders to give their take on. I...

I have a private lender that is charging $3500 origination fee with 12% interest up to $50,000. I have yet to do a deal and wants to know how to structure the deal to receive money in pocket at closing. Strategy:Do a ...

If you are wanting to sell your real estate property, but are worried about paying taxes on the capital gains, a great strategy to consider is a 721 Exchange. Section 721 of the Internal Revenue code allows an investo...

I will hopefully be doing my first multifamily deal soon and am going to partner with someone I trust. He has the cash and I am bringing the deal. When we talked about potential profit splits, he said he could 1099 me...

Hello, I'm looking at purchasing an investment property home and the lender indicated that they need to structure the loan with me renting out the property. Since I don’t own the home until after I close on it, I woul...

When creating an LLC for the purpose of transfering ownership of a primary residence which I am converting to a rental property should I use the rental property address for my LLC's address?