Robert Walden
Seller Take-back of Renovation Costs in Bridge Loan
I'm exploring a creative financing technique where the Seller raises the agreed-upon $60,000. sales price of the property by my $15,000. estimate of repairs. That will qualify me for a bridge loan with a 75,000. minim...
Kaleb Montgomery
What should my business name be
So what do you suggest my business name should be I want to invest In Real estate for the cash flow by using business high limit credit cards should I just name it: (last name) enterprises ? I would like to avoid appl...
Daniel Lapin
Buying properties in Active Adult communities
I'm considering purchasing a property in active adult community. Any suggestion if this is a good way to start investing? I'm a newbie at this and any suggestions and/or recommendation greatly appreciate. Thank you,
Taylor Shapiro
Apartment Building Investors: Slowing down or speeding up?
Single family flip opportunities are becoming more challenging to find here in CT. This time last year I would submit roughly 30 offers to get 1 accepted, now that number has increased to 40+. I still find them and pl...
Bradley Calvin
NW Chicago Suburbs - Looking for 3-4 Unit
Hello BP!I'm currently looking for 3-4 unit property which would be eligible for an FHA loan. My girlfriend and I want to stay close to work and home (Itasca, Addison, Elk Grove, Bloomingdale, and the surrounding town...
Ken Oconnor
if you can't get a bank loan in a LLC name
I heard from brandon that a lot of banks won't give you a loan for residential properties in a LLC name that you have to get the loan in your name but then you have no asset protection and if you change it into a ...
Gretl Anne Fortuna
Norfolk/VB/Chesapeake MF property
Hello!! In this hot market, any ideas how else to find a MF property in a decent area below $250,000? The MLS gives me limited options. We’re first time home buyer, planning to use FHA loan.
Steve Jeffries
Self directed 401k prohibited transaction?
So, I was thinking of moving my W-2 401k to a self directed 401k. I understand that all profits have to be returned to the 401k, and there is a rule that a payment can not directly benefit you. This is my question...
...
Anique Akhtar
Whole Life Insurance during Covid and Inflation
Hello,
I don't want this thread to become another WLI vs REI. I have gone through the previous post and I understand why some people like WLI and why some people despise it. My question was whether it is specifically...
Account Closed
Sharing a property's equity
I have been thinking of an idea. Say you buy a house and rehab for $80,000. Its market value rises to $100,000.
Can the owner offer partners a buy-in valuing the property at $90,000? More than he spent on pu...