Nick Shadwell
Buying real estate with my S-Corp and refinancing into my name?
First off, hello. My name is Nick. Been a big BP listener for a while, and this is my first post.I’ll get right to it and keep it simple. So basically I have a window and door company that is structured as an scorp. T...
Steve Dussault
Line of Credit - Best Banks
I am seeking to set up an unsecured line of credit for my real estate business. I want to be able to buy quickly and then put the property under a mortgage later. A line of credit would be a lot cheaper than using "...
Neil Sinha
Alternative strategies for buying abandoned properties?
Hello BP! I've been locating abandoned properties here in San Antonio with the belief they are more likely to be distressed and have value. Most have either deceased owners or owners who have abandoned the house out...
Chinmay J.
Strategy for joint venture.
I had an interesting chat with one of my ex clients who has become a good friend also. He and one of his other business partners want to invest with me in a joint venture. I already have my LLC that is set up for purp...
Adam Scheetz
How will I be taxed and how to avoid it on a flip?!?
As the title suggests, I need help discovering a current answer to my forth coming tax issues and how to plan accordingly. I found some stuff among the 556 pages in this particular forum thread but it's all older. I h...
Andrew Simms
Donating a stay to a charity auction
As many of you know, we recently launched our cabin in WNC for STR. We have been asked by a neighbor if we would consider donating a stay to a charity called WellRoot. It helps provide support services/housing for chi...
Jonathan Taylor Smith
NC Eviction of Section 8 Tenant for Late / Partial Rent Payment
Wondering if there is anything special to be known when dealing with a potential North Carolina eviction of a Section 8 Tenant who has not paid their portion of the rent, but the Housing Authority has paid their part?...
Jordan Smith
House Flip 1099 Question
Hello all, I bought a house flip with one other partner, taking title as Joint Tenants. We agreed to split the profit 50/50, as he found the deal and worked with the seller, but didn't have the capital or expertise to...
Matt D.
How does working with another wholesaler work?
Hey guys, I'm new to wholesaling, and I had a question about how working with another wholesaler works. Today I was in the records department in my county doing research, and a guy there noticed I was pulling informat...
Alex Grullon
Issues with lender on retrieving escrowed rehab funds
Hey everyone, I've been having issues with my hard money lender in completing the draw funds on my rehab loan it's been over 3 weeks since I've been able to collect funds from my inspection that was completed and also...