Denita Ozenne
Helllllooooo new world!
Hi guys, my name is Denita, living in Houston, Tx. I am currently an RN Looking to get into the world of real estate investing. I cannot describe the desire within me to get out there and just do it. I have recently b...
Timothy Frazier
Hard Money Loan
Is it a bad idea to use a hard money loan as a downpayment for a turnkey property? I have one in mind at Rent to Retirement.
Kamaria Hill
[Calc Review] Help me analyze this deal 💰
Hello fam, BP newbie here. 👋I used the calculator to try and analyze a purchase I'm considering as my foray into house hacking. The property has an 810SF separate unit that I plan to use for short-term rentals. I was ...
Seidy Lasker
Flipping Property in S-corp
If someone is a "real estate dealer" and can't report profit as short term gains from developing or flipping property, then wouldn't the best option be to buy and sell through an S-corp since they're a business?
Kim Wu
Buying investment property with personal income vs. corp $ in CA?
Newbie here.I run a small business and it's generating healthy revenue.Looking to invest in my first investment property and was wondering if I should purchase with my personal income or buying it through corp?I am co...
Andrew Riggs
Self Directed IRA Partnership
Would a Self Directed IRA be subject to UBIT if I invested in an apartment building with 2 partners, all bringing equal equity and no debt to the deal?
Example, the 3 of us form an LLC, buy a building, I use $60K of ...
Gustavo Vargas
what do you suggest as the next step?
Hello all, I sort of a newbie. I own a 4 plex and 2 sfh generating cashflow overall. I would like to take the next step to but not really sure what direction to take. My possible choices are, keep buying SFH and /...
Moses Villarama
Cash reserves, excellent credit, variable income. Where to start?
Hey BP community!My wife and I live in LA and are looking at buying real estate. We’ve got a decent chunk of liquid reserves and credit scores above 800, but we can’t get a loan because our income from 2020 and 2021 w...
Ryan Mulson
Should you split wholesaling and flipping into two different LLCs
Hi everyone,So I am looking at getting into direct mail to generate leads for our flipping business and since the general consensus is you need to be consistently mailing in order to keep the deals flowing, I figured ...
Account Closed
Subject To deal - need advice
Hi! Back again trying another go at it. Hope to get feedback on the following subject to deal:outstanding principal: $242k (4 years into a 30-year fixed mortgage @ 4.5%)PITI: $1720/monthRehab estimate: ~$50kThe owner...