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I am lending money to a developer and the agreement is a lump sum payment based on participation of profit. As I am currently on the deed my repayment will be noted as Interest Income and received on a 1099.Does it ma...
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I originally wanted to get into buy and holds. The problem is I am having a hard time finding financing. I have been pre approved through a local bank but I am having a hard time coming up with the down payment.
Loo...
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As I am just starting out and still working on building capital to purchase properties I am thinking up strategies to buy a second property. My current property had a low down payment and so it currently does not have...
After flipping a few properties and acquiring some buy and holds on my own I opted to start a LLC. However the LLC currently has no funds in the account and the bank told me that if I was to transfer any of my own mon...
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I have a seller is willing to do seller financing, but owes in past due property taxes and is currently on a payment plan. The house has not mortgage and was inherited. My questions are:Can I go the seller finance ro...
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First post, asking some advice while I continue to read over these forums. What I have:
1rental MH owned outright. $500/m
1 Heloc (~80k available)
LLC $0 in account.
What want to do is use heloc to fix and flip, ...
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I'm looking to make my first cash buy in my BRRRR journey. I'm intending to raise capital from other investors, make a cash buy, refurbish the house, and then do a cash-out refi. The investors would be cashed out at t...
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I'm glad to be joining the Bigger Pocket community! My eyes have been opened to the endless opportunities in Real Estate Investing. I've spent the last few weeks learning everything that I can from Forums, Podcast, Vi...
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A fellow investor approached me about loaning him money for his RAL (Residential Assisted Living) startup. My question: Is this a good deal or a not-so-good deal? Terms offered are below. Thanks to all for your inp...
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My tenants of 3 years have now found themselves in a hard place. They have been great tenants for the last 3 years, occasionally they’d be late but would always come up with the rent and tack on a late payment without...