Michael Hauer
Most Recent fix & Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $226,000
Cash invested: $55,000
Sale price: $469,000
I was the buyers agent, listing agent and project consulta...
Michael Hauer
Most Recent fix & Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $226,000
Cash invested: $55,000
Sale price: $469,000
I was the buyers agent, listing agent and project consulta...
Charlie Gruber
Realtor commissionon Seller Financing deal?
Wanted to ask how realtor commission works on seller financing deal? For example, the sale price is $850k but by the time we pay 5% interest rate to seller over 30 years the final amount to seller is over $1.5 millio...
Carlos C.
Management LLC bank accounts
Hi,
Im restructuring my rentals and several members, articles and youtube videos suggest to have a Holding LLC and have individual LLCs inside of it owning one RE property per LLC.
Then open a traditional LLC to ma...
Matthew Dekker
First Rental Property Purchase with a Twist - Financing
Hey everyone, my business partner and I are trying to get our foot in the door with our first rental property. The single-family home we are looking at purchasing is currently owned by my business partner's father. ...
Kenneth Burdick
Using HELOC for down payment
Hi BP community,
Our current primary residence has a first-position HELOC. We were planning to use funds from this account to purchase another home, but the lender is having an issue with us “using borrowed money for...
BRANDY MEADE
What terms for a short term private loan?
Someone has asked me to provide a short term private loan of $10,000. He is currently selling his home and will be purchasing a new build in another neighborhood. He needs to put a $10,000 deposit on the new lot to re...
Zachary Taylor
Do you separate your expense reserves from your cash flow?
Hello everyone,I'm wondering how people handle their expense reserves and cash flow. Do you keep it in the same account? Do you separate the two? Do you put the expense reserves in a checking and cash flow into a sav...
Naveen Kumar
Use Self-Directed IRA to BRRRR
Love the BRRRR strategy as a concept - just getting harder to find properties that can fit these days.So a shift in strategy - how about borrowing money from my SDIRA LLC to buy an investment property, record the mort...
Ryan MacDonald
Property swap and wholetail
Investment Info:
Single-family residence other investment in San Antonio.
Purchase price: $75,000
Cash invested: $5,000
Sale price: $175,000
Contributors:
Logan Fullmer
Fix and Fl...