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I want to buy a house and I am short about $50k. I have a $50k credit card and I want to use it to help me buy the house. It is a flip so i should be in and out fast. Me and my partners make $15k a month so in a few m...
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Just getting into being a landlord, own 2 units currently. First time coming up on one of my tenant's birthday. What do you guys do (if anything) for them?Card? Gift card? Text? Anything?I am a hands on landlord (not ...
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So ive been trying to spread my name. I like to be like @Grant Cardone. "if you don't know who I am, Ive failed you." Ive had much success in meeting RE proffs. I continue to meet new people and I plan on going to the...
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When a wholesaler is having an interaction with a non motivated property owner who is looking to sell at a retail price - are there any industry standards, norms, or practices when it comes to referring that property ...
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Bank notified me days before closing gift money wont do for an investment property. I in turn l learn I can sell assets (IE vehicles) and that will do. I return the gift money to my father, and sister, 12k apiece. ...
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Hi guys,
My folks have substantial equity in their portfolio and want to loan me enough money so that I can avoid PMI. Is this legal? Can they give me a second mortgage? What are the tax implications?
Thanks!
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Hi all,
I am planning on partnering with a family member to buy a multi-family property. We plan to create an LLC and joint checking account. From there, I'm wondering the best way to structure our partnership. We wi...
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It's been brought to my attention that a intra-family loan may have tax implications if not done correctly. The current deal I'm working on is going to go down like this:Bank loan: 120k Conventional 30yr Fixed Rate. 8...
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The lender I am currently working with for an out-of-state investment property has told me they have just recently started accepting crypto but only if the following guidelines are met:
1. For the proceeds from a bi...
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My unrelated personal business has taken off and I may be looking at making $500k this year. I own no real estate. I've never made this much money or even close. I need to get rid of some of this cash so I'm not payin...