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I came across a new idea in the real estate space that’s worth discussing. It’s not about buying whole properties or even shares in a REIT, but instead purchasing rights to the income a property generates.
Here’s how...
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In August of 2013 I paid $7,680 for lead abatement. I am eligible for $4,500 lead tax credit through the state of Massachusetts. My question is, do I still claim the 7,680 as a deductible repair expense or do I ha...
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Good morning BiggerPockets! Has anyone secured a line of credit from a bank and used this line of credit as their reserves that are required for more mortgages when acquiring buy/hold rentals? Did you continue to use ...
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I have a rental house in Dallas, TX. The house is currently occupied. Recently, there was some extensive water damage that came from a busted dishwasher. I've had the restoration company out, filed an insurance claim ...
What is the best way to build credit for a kid and does any one know how much my credit score would need to be to a buy 600,000$ property
Hey Everyone,
Is there a set limit on seller credits for multifamily (5+ units)? I'm interested in structuring a commercial deal with 5-6% of seller credits to use for my equity in a partnership. For example, askin...
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There is a gentleman named Russ Lebrasc who is selling a 10 module course for about $300.00 that is supposed to teach you how to get business financing to flip houses. The short of the long, from what I gather from hi...
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I am a investor from NC.i do BRRRR and buy and hold. I have 20 units so far. Are there any financial institutions that give line of credit ?Is that going to be based on my rental income ?
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Hi All!So I've been reading biggerpockets posts mainly about business credit with LLCs, but haven't found discussions with trusts. Is it possible to obtain business credit using a trust with an EIN? The rental propert...
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Every investor who seeks financing comes with a different level of risk they want to take on. For those who want to work on smaller projects, we can offer loan amounts as high as $1M. Additionally.