Erica Veit
Should I put my car in my LLC name if I intend to use it as a Realtor?
Hey everybody:I'm trying to get set up correctly with my real estate investment business and I have a question. I just got my GA RE sales license in June, and I just formed my LLC in April so I can flip houses and g...
Erica Veit
Should I put my car in my LLC name if I intend to use it as a Realtor?
Hey everybody:I'm trying to get set up correctly with my real estate investment business and I have a question. I just got my GA RE sales license in June, and I just formed my LLC in April so I can flip houses and gro...
Will Buscher
Do I need to submit 1099s for contractors on a house I rehabbed and sold but had intended to rent?
I have two rental houses and one I purchased to rehab and intended to rent out, however, I decided to sell that property.
I've read through the instructions for the 1099 and know that landlords aren't require...
Ralph Ellenberg
How long before you can get a new primary residence mortgage?
Hi everyonemy wife and I are under contract with a builder where we live in S.C. that should be finished in about 3 to 4 months. It looks like she maybe getting a great job offer in Colorado not long after we close. H...
Cory O'Dell
Pre-Approved to use FHA as Non-Owner Occupied!
I’m not sure if this has been posted here before, but wanted to briefly share this information we found out regarding FHA. As a military member we have exceptions to the normal occupancy rule. Check it out:
“FHA loan...
Dan Costantino
Using 401k as proof of funds
A realtor told me I could use my 401k as proof of funds even though I intend on using Private Lending.
Is this a common practice or is it frowned upon? I don't intend on liquidating my 401k so it is technically fals...
Chris Liu
Toronto - pre-construction condo tax question
I bought a pre-construction condo 5 years ago. It was my first purchase in real estate with the intention to live in it when the condo was finished. However, the project continuously got delayed and I ended up purchas...
Justin K.
Military mortgage "primary residence"
Hey bigger pockets,
Does anyone have experience wit using military choice mortgage? It allows for 0 down, but isn't the VA loan.
When getting pre approved for it, I made it clear that my wife and I are stationed ab...
Kirk R.
EIDL loan $1,400. way to legitimately take money?
About April 2nd I put in for EIDL loan.
Yesterday I got approved for $1,400.
Apri 2nd I thought some of my renters wouldn't make rent. all of them did.
So obviously I want the $1,400 which I think is forgivable...
Lisa Marie
1st Home - should I purchase points for my loan?
Hi all,I'm in the process of buying my first home with the intent of turning it into rental property after a few updates. The entire process has been a new experience and now I'm deciding which lender to choose from. ...