I’m 2 days from closing on my first rental property and the bank said today that the deed & mortgage could not be issued under the LLC, had to be in my name, because of new Freddy Mac rules. Anyone know if that is...
Any investors out there have any pet peeves that would automatically turn them off from doing any deals or partnerships? It could be anything from a disorderly paperwork presentation to ill structured deals. Literally...
I'm looking to purchase my first single family home with a big enough land for my plans, using a 203k loan to rehab the house. iv done all my research and due diligence but I would like to rent out the house. can I re...
Hello all, I'm new to the notes industry, and hoping to pick your brain a little. I've been listening to Czarina Harris's podcasts on notes investing, and came across FCI Exchange. Have you bought or sold on this exch...
Hello BP community!Long time listener, first time caller. Here's the skinny:My brother and I own a restaurant. He handles the operations and I handle the capital. Simultaneously, I'm going to be starting another busin...
Hello, I am wondering what type of calculations goes through your head about a property? Because in my experience I just see a cheap house and wonder what can I add and further down the line it doesn't work out well.S...
Greetings!I have a gut feeling my CPA is not handling this situation correctly, but I'd greatly appreciate any feedback. Here's the simplified scenario:Partners A, B, C and D purchase a property for 1.5m in an LLC (Pr...
Should cash flow on a property be calculated after subtracting tax?Tax is high in Canada ~45%, so this makes a big difference.Thanks,Kaitie
Was just talking with Menards, the Mohawk Home Expressions vinyl plank I used for the last project is already discontinued. Menards checked with the vendor on their current set of colors (came in Fall 2017) and the ve...