David Stewart
Are private & hard money lending something for individuals to do?
As I look around on BP, and listen to podcasts, I hear a lot about private lenders and hard money lenders. Some of the podcasts and books talk about how "you can be the lender." I can be, that is. But can I be? Is it ...
Bon Osonwanne
Cash-out Refinance on 10 Properties with Individual Name vs LLC
Hi Everyone,I usually buy my properties cash up-front. However I want to do a cash-out refinance a year later. Should I be buying properties under an LLC or using my name so that I can get loans on the property as an ...
Carlos Perez
Found Individual Private Lender for SPEC Home; how to close deal?
Hi BiggerPockets.com Community,I'm about to start my 3rd SPEC home, so far I have used savings, 401k loan, CC's (BT's), unsecured PLOC and lot loans to finance my own deals. One of my friends is interested on financin...
Billy Au-Yeung
Finance under individual name but work is done under S Corp
I have a S Corp setup to manage my real estate brokerage revenues and I intend to use this entity to track my flip business as well. However, I am told several times that lender will not finance if I use the entity n...
Tal Hofman
Transferring a property from an individual to a multi-member LLC
Hi all, I want to buy a property together with my partner - a foreign investor who doesn't live in the US. I want to take advantage of my good credit score to get a residential mortgage, and then transfer the property...
Gaurav A.
Passive Co-GP|As an Individual or LLC| Recommendations & Reasons
Exploring to participate in real estate multifamily deal as a Passive Co-GP. Co-GP who would not have any voting rights or management decision authority. The Co-GP will only bring in capital to participate. Should th...
Juan Aguirre
LOOKING TO BUILD A TEAM OF MOTIVATED INDIVIDUALS TO INVEST WITH
Hey BP, im looking to meet people who are just as motivated and determined to achieve financial freedom through real estate investing as me. I’m sure I am not the only one that struggles to keep a high level of motiva...
JD Martin
Cost Segregation data 2022 Q: bulk or list each item individual?
Good evening tax pros! I am running my sample 2022 tax return in order to figure out how much federal I'll owe for the year. I bought a property this year that was a good candidate for a cost segregation study, and I ...
Brent Rieman
Convert 8 unit building so they can be sold/financed individually
Looking to see if anyone has any experience or suggestions on this topic. I have an 8 unit townhouse building, its beachfront on Lake Erie, very unique property. Its considered commercial for Banking purposes so I...
Account Closed
Tenant or me pay utilities / Rent individual room vs entire house
Hey everyone,So I've recently purchased a four bed - 2 bath in Pittsburgh, PA and have two questions concerning the monthly rent.1. I am currently charging $450 / room. Should I bump the price up to $500 including ut...