If I intend to fund the rehab with my own cash, do I need to disclose my rehab budget? I’m seeing lenders holdback this amount. It’s showing as increasing the loan amount although monthly interest payment stays the sa...
There has been a lot of disparagement of Legal Zoom as not being the company to set up an LLC with. However, I have never heard anyone state a case in which Legal Zoom has failed any customer in regards to setting up ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
3 Unit with a total of 6 bedrooms/3baths along the Blue Line "L" in Chicago.
What made you interested in investing in this ...
I'm wondering if anyone has recently been able to get an unsecured line of credit for purchasing real estate. I know this was very doable before the crash but they seem to be hard to come by right now. Does anyone o...
I have search for a while on t his specific question but cannot find an answer. When filling out the IRS SChedule E for a multi unit property,
do i list each apartment separately or do i have to list it as a "pro...
Hi BP! So I feel like I never find much info on this or not really what I’m looking for when I do come across info. Maybe someone with more experience can help. When you become a landlord really what is your number on...
3 quick questions. I setup a solo 401k and wanted to confirm something. I am personally listed as the employer and employee. I know I can contribution $18k as the employee and 25% of income as the employer. Ques...
This will be my first time investing in real estate. I would greatly appreciate any advice from anybody. Is it more wise to have a buyer lined up before getting the deal? How does the financing work for all three part...
I purchased a home (3br/2ba) in east Austin in 2018 as a primary residence. I've invested in ensuring the house is in good condition (i.e. foundation repair w/ lifetime warranty, new hardwood floors, replaced main wat...
I'm new to notes, have read/listened a bunch and attended Martin Saenz's workshop. I'm still not clear what's required of the investor in the event you have to foreclose (though that is not what my goal in this busine...