Vince Gethings
Having trouble refinancing using the BRRRR because of DTI
Hi BP folks, I am looking for some creative ideas to refinance an SFR I just BRR'd. Here is the back story. I have a fourplex and a duplex that I bought last fall (2016) both are fully occupied. I wanted to try the BR...
Ajaya A.
What would you do with 1 Mil Cash? Multifamily?
FolksWhat would one do with 1Mil or 1.5Mil Cash? Stock market is flat this year. I have a 4 unit multi family and understand Berkeley/Oakland Market. I don't mind moving to a large Unit size property. But this is...
Paul LaSpina
Refinance as an LLC?
Purchasing property for cash. Using private $$ loan for rehab. Will Refi after rehab and/or Seasoning. When going to apply for rehab will lenders allow refi in LLC name? Does refi have to be in personal name?
Steve Hungerford
Can I do a 1031 with the capital gains portion of the Sale......
Hello,I have a property with a lot of capital gains that I wanted to use some of the basis portion (basis plus the 250K exclusion) to buy a SFR. If so how do I do that ? Can I use the amount I believe is the capital g...
Paul LaSpina
Business Structure of LLC and partners
Advice would be appreciated. I am funding a partnership with an "Operating" partner. His LLC will be the "GP" general partner with my LLC as the limited partner. He is coming in with NO capital but as the operating/Pr...
Shawn Root
Can someone check my math?
I was trying to run some numbers through a spreadsheet to see what the effects wereof cashing out a 401k to invest in vs. leaving it in a self-directed IRA/401k.Assumptions:1. Starting value of 300k in 401k2. Lose a t...
David Ferreras
LLC Protection Questioned
In the slip and fall scenario, where the renter slips and falls on your property causing them to pursue legal action against you, what is to stop them from suing the business (the LLC) and you (as a negligent landlord...
Russ Sandifer
IRA LLC as owner in MMLLC | % Ownership | Taxes | IRS Rules
I have a duplex rental under contract. I plan to close in two weeks. I am set to purchase the duplex outright with my SDIRA. My current custodian is prepared to wire the funds. If time allows, I'd like to create a Che...
Kent Parks
YouTuber Makes Some BIg Assumptions About Multifamily
I was checking the news updates on my phone when I saw a gentleman in my feed that I have come across several times over the years of doing CRE research. The video/article caught my attention by the title, "When Cap R...
John Cook
Another Ocwen post, worried
Hello,
I am not sure if this is the correct place for this but I am looking for some advice in what Ocwen may be trying to do. They bought my 2nd from gmac not long ago. No real problems other then them not...