Being a sole member LLC, what is the best way to pay yourself and not be in legal or tax trouble? All of my properties I buy are under my LLC.
Okay, I had some trouble putting my random thought into a comprehensible form so bear with me...Let's say I use hard money to fund a fix/flip in a hot rental/ vacation area. Assuming all went well and the value is at ...
I am a first time buyer and dealing with short-sale for a house in NY. From lawyer I came to know that there are multiple offers on the house including 1 cash flow deal.
Me and my wife both like the property. But no...
My financing fell through on a property I'm purchasing for my parents retirement. I was suppose to close this Friday. There's plenty of equity in the property so shouldn't be any trouble getting financing. Only issue ...
Hello everyone,Here is my situation:I bought my house about three years ago. After living in it for almost a year I was able to build a nice chunk of equity so I decided to take a Home Equity Line of Credit. After bei...
I am planning to rent a property in southern california. Here is the situation
1 - I only received 1 application after 6 open houses and dropping the price to market value
2 - the application is an arti...
A little while back we acquired a property that was a real fixer-upper. Well, we did a good job and now have positive cash flow. In terms of positive cash flow, what do you do for taxes? We'd like to take some out...
Hi guys -Do you have any tips on the best way to refinance a property with a hard money loan without W-2 income?I'm a medical student full-time and have been active in real estate investing for over a year now (did 4 ...
During a wholesale deal with a double closing would you have to use Transactional funding or Hard Money to closes the deal on the sellers side.
I looking to get into a house hacking deal in NY. As I went to Get pre approved for a 203k loan, my mortgage broker told me that the taxes were too high and I won't get approval based on dti. Is there any other way I ...