Does anyone have serious experience with using the Infinite Banking Concept or Bank on yourself concept to invest in real estate? The only people I talk to that love it are trying to sell me policies.I am having diffi...
Some of you might have heard of the term Infinite Banking before. There are the naysayers like Suzy Orman or Dave Ramsey but it is a viable strategy for real estate investing. The strategy is simple, using a whole l...
Hello! We are about to close on a flip, and it's the first one that we set up as an LLC with S-corp tax. It is my husband, myself, and a partner as members of the LLC. How much can we "pay ourselves" from the profit...
This is not a question of which is better, as since this is on Biggerpockets, the bias is obvious.My question is for the folks that are invested in both the Stock Market and Real Estate. What is your strategy for inve...
Hello BP community of multifamily investors, owners, operators, syndicators and managers. I'm curious to see what everyone is seeing and your thoughts on where preferred returns offered to limited partners are headed ...
Investment Info:
Single-family residence buy & hold investment in Kansas City.
Purchase price: $70,000
Cash invested: $5,000
2018 Purchase
2Bed 1Bath in Kansas City
$70k PP
$27k Rehab
Cash out ...
Investment Info:
Single-family residence buy & hold investment in Kansas City.
Purchase price: $70,000
Cash invested: $5,000
2018 Purchase
2Bed 1Bath in Kansas City
$70k PP
$27k Rehab
Cash out ...
Investment Info:
Single-family residence buy & hold investment in Kansas City.
Purchase price: $70,000
Cash invested: $5,000
2018 Purchase
2Bed 1Bath in Kansas City
$70k PP
$27k Rehab
Cash out ...
HOW TO TAKE MONEY OUT OF S CORPORATION AND INVEST IT IN THE REAL ESTATE BY OPENING A NEW LLC.