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Hi BP community. I bought a 3-unit with cash borrowed from a friend at 4.5%. I wanted to implement the BRRR strategy right away. I bought the property at 60 cents on the dollar. I sought a cash out refi from my local ...
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Hello BP community,
I'm interested to learn what most investors do with the portion of rental income commonly set aside for cap ex, repair, and vacancy costs.
Does it go straight to the bank? Invested in CD's or a ...
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Hello fellow investors.
I want to ask your advice.
I find home where I want to live. And I know I can pay for this. But can not qualify for credit. What I can offer to potential co signer to make it i...
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I have read several articles here about the benefits of scorp vs llc and I'm going to work towards a series llc to hold the properties in 2021. In early 2020, I started a multi-member LLC (2 members) and elected scorp...
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Hi everyone!
Could an FHA loan with 3.5% down be used to purchase a 4-plex?
My husband and I found a property that would cash flow and we're trying to figure out our financing.
Any tips or advice is greatly apprec...
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Hello everyone,
I am sure this have been said before but I really wanted to get details on a few personal request about it,
I do have an investment house I bought 3 months ago (A), I am going to flip it very soon ...
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Hi,SMLLC to flip homes. Say I make 30K in gains during a year flipping homes. 1. I decide to take 15K as my annual pay. Can I take the Pay at end of the year when I'm filing my taxes OR do I have to pay quarterly esti...
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I’m not currently invested in real estate but I plan to dive in (I’ve been saying this for a few years now but I’m not really in a good place for investments especially what I want to invest in).But I guess I might be...
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I currently have a Single Member LLC's in Wisconsin that holds rental property. In 2016 I started depositing funds into the LLC from my personal account to help buy properties all cash, after I refinance them I would ...
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Hello everyone I am a new investor, and I was wondering if any of you guys knew any good CPA and lawyers in the Cincinnati area? And what might be some good interview questions to ask them? I have ah couple pick out b...