Hello BP Family,I am looking to purchase a warehouse North of Houston, TX. The purchase price is 1.6M and seller if offering 5% IR at 25% LTV and 30 year amortization. The property looks good and sits at 8 cap at the ...
I'm looking for some expert tax advice on this situation and willing to pay $$ for it. In essence, we've recently received loan proceeds into an S Corp which is a single-asset entity owning a large commercial property...
Biggerpockets,I'm researching forming an REI LLC with my partner where the responsibility breakdown would be I provide purchasing capital and he provides the actual boots to the ground work to find deals, execute, and...
Hi all,
I'm looking to purchase a small apartment building and was wonder if I should create a new entity to deed it into or should I simply use an existing one? I currently own a couple single family homes ...
Ive flipped the switch and ready to take off. My credit score is 548. How do I get past the Credit Score Monster?Tracy in Austell GA
One of the realtors I work with called me with following deal. She has someone who owns free and clear a SFR 3/2 in a nice neighborhood. He needs a cash injection to pay some medical bills. His wife has cancer. Th...
Hi all, newbie here and wanted to say hi.Let me start by saying I know I must have done this wrong. Here is my story.Wife and I bought the first home in California in late 2004, and when the market hit the bottom in 2...
My wife and I recently closed on a 5 unit building and purchased the property through an LLc that we own. My question is, does it matter how we signed the documents at closing? Each document had the LLC name above whe...
Earlier this summer I funded one of my BRRRR properties using a HML (for the first time). The terms were not that bad considering I got the the property at a steep discount and they were able to close in about two wee...