Jimmy Hong
Pay higher taxes to get access to financing?
Does anyone intentionally report higher taxable income (and obviously pay higher taxes) so they can qualify for financing, such as heloc or business line of credit?I understand there are alternative methods such as ha...
Sam Valme
How to unlock a HELOC
Hello BP Team! We were planning on purchasing our first rental in Feb of next year. Instead we are thinking about requesting the current owner open a HELOC on the home. They current have about ~275k in equity. We coul...
Melanie Walker
Older homes renovation
For those of you that BRRR older homes (say built around 1900 or earlier )...what do you do about the plumbing and electricity? Do you update everything at a huge cost? Or just hope it lasts another 30+ years?!
Wesley W.
Seasonal disconnect of natural gas service
So, they say the definition of insanity is expecting different results by doing the same thing. I'm looking for others' experience and advice with regard to my latest question.A tenant has requested of the utility co...
Lyle McCartee
I need some advice and guidance on MONEY!!
(PLEASE FORGIVE THE BEGINNING RANT), but BANKS SUCK!!!!!! I now fully understand why most investors and independent business owners despise doing business with banks. THANK YOU WALL STREET and CAPITOL HILL (Cir. 2008 ...
Peter Slivkoff
Access to MLS for Non-Licensed Investors??
Dear Fellow BP Members,I have heard recently from David Green at the BP Conference that anyone can gain access the the MLS even if they're not a licensed agent or broker... and it has been my intention to gain access ...
Asher F Jacobson
40k vacation rental needs work
Im looking at a property that is listed for 44k that is on a high bank that may be structurally unsound. If the property was fixed up it could be worth nearly 300k, maybe 250. ''Buyer must verify stability of bank'' i...
Derrick Wortman
An app to Pay partner monthly
I have a partner lending me $12k for an investment opportunity. Is there such thing as an app we can both sign into, and I can pay them monthly automatically, and it factors in the amortized loan automatically?
Monica Davies
Wholesaling with a real estate license
I'm a newbie investor, and thought it would make sense to get my real estate license, hoping to save myself a lot of commissions on the future. I'm located in Utah, and I'm wondering how this effects wholesaling deals...
Taye N.
License parking question
Hello
I will be getting my real estate license in California very soon. My goal is to be able to quickly view properties and submit offers for myself. I don't plan to be a buyer or seller agent for now, since i have ...