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I have a question regarding LLC partnership buyout tax implication. I'm making a simple LLC scenario for easy discussion.The LLC has three partners A B C. LLC did real estate development project: it bought a land and...
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hi everyone. I have a property owner who just wants to deed me his property for a fee and have me do the short sale without his involvement at all. Are banks open to such Arrangements? Anything I need to look out for?
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Hello, I just got an off market deal and have negotiated a very reasonable price, but the terms are somewhat confusing to me.The seller does not live in the US and wants me to handle everything from contracts to closi...
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Hi everyone, I am a real estate agent in Southern California and have been interested in getting involved in wholesaling properties. My question is would it be legal to offer sellers cash back once the deal goes throu...
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I need some wise advise. Currently I'm taking my real estate classes and hope to soon get my real estate license. In the mean time though I'm trying to make money by wholesaling. I have absolutely no clue where to sta...
If I pay my mortgage off and own it outright, the bank no longer has it's hands on it. If I then go buy real estate with leverage as an investment, and there's a crash and I have to foreclose on that real estate, coul...
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Sorry if this has been answered elsewhere - I have a generic SDIRA through New Directions and am looking to switch to a Checkbook Control SDIRA because of fees and some investments I'm interested in exploring.
I have...
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BP Community,
I need your help. Over the years, I've been involved in a wide variety of real estate projects - a BRRR, 2 flips, a vacation rental and a major renovation. I have decided that in addition to building a ...
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I was wondering, how would I go about getting investors involved in my CRE business? I have a few properties and they're cash flowing about 15% NOI. No debt. I'd like to be able to help others get involved. Like say t...
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Hi BP,Yesterday I finally closed on a my first property, a multifamily. I was so excited because I think I bought a good deal - cash flows well, bought under the appraised value, most of the units are recently renova...