Looking at buying a SFR for approx. 30-40k. Only needs 15k in renovations. Let’s say I’m all in for 50k and the property should rent for $850. ARV would be roughly 95k. What are the requirements for refinancing? Are t...
Hi everyone,Just doing some fundamental research on cash out refis on my first investment. Basically I will probably be paying all cash for two reasons: I have had difficulty qualifying for a conventional loan due to ...
I have a course "Land Profit Generator". It goes into some detail of closing a property yourself. You get the deed, do the title search yourself and I think something about a quitclaim deed. I got to watch it agai...
We just set up our LLC in Illinois to flip houses. I'm preparing to file for our EIN with the IRS and need to decide if we want to be taxed as an S-corp or partnership. I'm all for S-corp except for the requirement ...
I currently live in a condo downtown in Pittsburgh and I plan on moving this summer and renting out my current place. I have all the numbers worked out and I decided Im definitely going to do it. Problem is, Im not s...
Greetings,After browsing and reading BP I still don't a clear idea which route to go. In my situation, my wife will be a retired teacher by June 1ST @ 52. She has 403b and 401a plans which she can rollover from VALIC...
Thanks for taking the time to read! I'm 18 years old I decided not to go the college route in order to pursue Real Estate full time. I have been wholesaling for around a year now and have been blessed enough to have m...
Hello everyone,
I've been thinking about buying a house for the past year. I saved up enough cash for more than 50% down payment, but the main problem is that I am a freelancer and I try to write off as much ...
I have abt $9000 in my 401k from jobs. I would like to enventually use it towards real estate investing first purchase downpayment, once that opportunity arrises. What is the best method for this? Have been reading up...
Hi all! Thanks in advance for any input you more seasoned RE investors may have for me on this topic. As many of you have done, I'm contemplating a significant life change. I've worked for many years, and with great ...