what are some of the things I need to look out for before selling property cash? What documents or verification do I ask for from buyer to make the transaction go smoothly and professional as the seller? He sent me a...
Does anyone have a template they could share that encompasses rental income & also income derived from my company(which also comes from buying and selling homes as a Realtor) I am trying to give a to a bank for...
Hello, I’m currently in the process of purchasing my 1st 3 unit home as an owner occupant. I’ve been trying to cross my t’s and dot my i’s as I’m getting ready for this process (I’m both nervous and excited!). I have...
Hello BP, I'm in the process of purchasing my first property. I plan on house hacking this single family home by renting out the extra rooms. I'm looking for a contract and a decent screening process. Can anyone poin...
Hi, Does anyone have a sample excel sheet with book keeping or accounting for someone that is starting up with rental properties. Basically what I am looking for is something like a detailed real estate balance sheet.
My partner and I are actively looking for our second property, a fix and flip. We've looked at and analyzed probably two dozen properties and, for the most part, we are comfortable with the estimating and analyzing p...
Hi BP members. I have a 2 flat in Chicago under contract and I am questioning it's foundation. The price is great at $245,000 with comparables at $400,000. My main concern is how much it is going to cost to repair fou...
I am new to the game and have been looking for hmls. my question is my house is paid for. the equity is about 175k should I try and use this instead of hml. If so does anyone know how i can get to it. Small problem is...
Relevant and important points to focus in that'll win me a bank loan for commercial real estate.
Complete newbie here. Can someone, or is it wise for someone to purchase a property under an existing S-Corp that was set up for something else? In other words, instead of setting up an LLC, can an existing S-Corp be ...