Shane Gaboury
Large Down Payment for first investment
What are your thoughts on putting 30-40% down on a property to get it to cash flow. If you are in a city that doesn't get great cash flow? I understand I won't get a great roi, but my goal is longterm wealth and cash ...
Brooke Dyer
Investing in Residential Construction?
It seems like there hasn't been much discussion about new residential construction projects and the opportunities they offer. Given the potential for high returns, customizable involvement levels, and significant tax ...
Allison Littman
"Church" Purchase Creative Financing
I am currently trying to close on a church in Nashville (residential R6-A zoning) and convert it into my primary residence. Two separate property appraisers (at the direction of the lender) were sent out to appraise, ...
Florent Gonthier
Newbie from Toronto
Hi, I'm Florent from Toronto, Ontario.Newbie at investing in general, I have decided to start looking into it a few months ago and I am now ready to make a move.I currently work a full time job as an engineer and I wo...
Charlie Moore
Profiting off an application - 30 bucks
My showing manager takes a cut from all the application he receives Is that a legal agreement? Basically, the application costs 30.00 - it costs 10-15.00 to run all the checks.. and then he takes the remaining 15.00
Bob Sackameno
C corp income questions
I have a job where I make good income, I'm in the highest bracket with my regular wages. I'm about to start buying some rental properties and am not excited about the prospect of all of my business earnings being taxe...
Ale Rioja
Qualify as RE professional with full time W2 and single status
Hi BP community, I wanted to see if it's possible for me to qualify as a RE professional or what other strategies are available. I know that to qualify as an RE professional for tax purposes, I must:- spend 750+ hours...
Shubham Aggarwal
Does my alternative wholesaling strategy make sense?
I am a licensed realtor in Florida looking to start wholesaling. Instead of wholesaling, I am thinking of a "double-dip" listing strategy that has less risk than wholesaling. Let me know if the below makes sense. I am...
Ben Naughton
Financing / Loan for LLC - Personal? Commercial? 30 Year?
I'm in the process of acquiring a loan for a nice multifamily deal I have going. 55k + 15K rehab gets me a 1650 sqft home with 3 rental units in it currently bringing in $1,500 a month. This is our second rental pro...
Allison B.
Mortgage almost paid on 3 unit rental - what next?
Hi, My wife is Allison, I'm her husband David. We have a 3 rental unit in Park Slope, Brooklyn. The 15 yr mortgage will be paid off in 3 years. Right now we have 90% equity in the house. We'd like to make another ...