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Anyone out there used a USDA loan for multifamily units in rural areas? Success or not?
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Hello BP, I am sure many investors do not want to give away their good wholesale connections, but I am now in a position to begin buying fix and flips in Pinellas County, preferably Saint Petersburg. My questions is, ...
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Hi, all, I see in this forum many people are recommending form a LLC and use the LLC to hold rental for asset protection purpose. In doing so, one of the main step is keep all the funds separate from personal funds, w...
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looking for solution...winning bidder at cash only auction closing 5/2...purch 379,500...needs 100k rehab...ARV is 650k...I'm putting 190k personal $...borrowing 290k...private lender has agreed to fund but wants to e...
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Wanted to know if it is legal to email a borrower. I have the work / personal email (borrower is an unaffiliated realtor) and have not been able to get a hold of the borrower. Wanted to try email, just to get the dial...
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I don’t see a clear answer to this on the forums. I keep having bankers say “be careful with reporting losses on your taxes because it could make you unbankable.” What does this mean? How do you make sure that you ...
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Good evening! I have been a bigger pockets member for awhile, and my wife and I recently purchased our first investment property. It has 7 units and we are in the process of filling two of the units. I have a twofold ...
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I formed an LLC in AZ for my flipping business. How do I elect C corp status for tax purposes, and also how do I elect which month end I want to use for purposes of filing taxes? I just used an online company to set...
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I have been doing some reading on the forum and have seen some close matches to my issue but am hoping for some help understanding our situation.
First off my son purchased a rental property with a mortgage in his n...