SANDRA Hillhouse
50/50 profit split after it before accounting fhr capital gains t
Hi. If doing a house flip and spitting profits 50/50 (money/rehab work), are the profits spit after subtracting capital gains tax or before? Thanks!
Sean Dean
wholesaling prop with tenants
Hello Bp, I am a newer wholesaler in Greensburg, Pa. I came across an absent house so I called the owner. She wasn't interested in selling the property but had another not too far away that she has been looking to sel...
James Dove
No owner financing
Have a buyer in the home as renter. Seller would like to cash out. The home is being sold for 6-10k less than comps in the neighborhood. The rent would pay the mortgage and the taxes and Insurance. Allowing renter to ...
Izzy Marker
RE agent/LLC FLIP PARTNER commission contribution
We formed an LLC to flip houses - Partnership is 50/50. Partner #1 funds 100% guarantees loans and handles all the bookkeeping. Partner #2 married couple: W is the buying selling RE agent on every house in LLC and...
Ricardo Rodriguez
How to Structure an offer using 3-offers
Greetings,Curious how to Structure the "3-offer" .... Offer?Can someone supply a detailed case where they offered 3 scenarios from which the Seller chose? Looking for some examples so I can adapt any future offers pa...
Jeffrey Bresch
Seller financing tips and tricks
Hello BP!I’m new to the investing world and am trying to get creative with a current deal that I am working. In short the house is weeks away from foreclosure, they owe full asking and cannot accept anything lower tha...
Tim Wheeler
New Construction w/ Foundation Issue?
Hey everyone,We're currently considering a new construction investment property that, according to the listing agent, had a foundation issue that has since been repaired and signed off on from a structural engineer. T...
Eamon Sullivan
Extreme BRRRR - Bank wants to negotiate
Hey Guys. I was under contract on a REO home that needed a roof, HVAC and foundation work. The foundation work turned out to be alot more than what was sensible ( Estimates from $20k-$25k).The bank wasn't willing to n...
Evan Smith
Seeking an uncommon debt structure: Commercial collateralized vs Residential on SFR
Hello All, Im looking for an alternative to the standard practice. A debt structure for SFR that's valued by cap rate as opposed to individual appraisal.Im open to speculative conversations but here is the scenario....
Bob Huggins
New construction process find, loan, purchase, build
Hi BP... i'm looking to purchase a home in Nashville and demo the property to build 2 new construction Homes. the house is zoned R6 so the zoning is in place for 2 new residential structures. I'll looking for advice...