I had a tax question relating to a HELOC. I was recently given money via my parents from their HELOC to purchase an investment property (5 unit). They have no controlling interest in the property, and I purchased it ...
Greetings all. I have a quick question about financing for my very first property: I'm wondering how hard it will be to find a local bank to approve me for a loan to purchase my first property. I made $36,000 last sum...
While we know that many manufacturing companies face tax concerns, there is a potential solution. Companies may be eligible for R&D tax credits while being unaware that they qualify. This can be a wonderful tool t...
Hello BP family. I have multiple investors for a BRRRR deal. How do I make them take first note position on the deal till it's refinanced? Your advice is appreciated.
hello all,I recently found a property I want to purse, but after doing my due diligence I noticed that the owner recently filled for chapter 7 bankruptcy. He is 3 years behind on property taxes and just recently lost...
Hey BP Community!I'm trying to learn about RE Investing. I'm 14. I've heard the term "Equity Partner" a few times recently. I don't really understand how Equity Partners work. Can someone please explain this to me?Tha...
Hey Everyone!I have been posting a bit too much but I need some help! I just bought a duplex with an unfinished basement and am thinking about adding a unit in the basement (if zoning permits me to). I cant imagine it...
Hey everyone I've got a question. Is it better to buy a house outright or finance it?
So my mother is retired and my father is just about ready to retire. They have had great careers and have sold my childhood home, bought a condo that they plan on moving into abroad and hope to by another home in the ...
I'm in Texas and considering purchasing a fourplex in a lower income community of mostly fourplexes. One of the units is rented at approximatley 600 per month, but according to the section 8 website the section 8 FMR...