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I'm looking at investing in a RE syndication project that is run through a funding LLC. What's been explained to me is that I am investing into the funding company LLC, who will then pay me out and issue me a K1 tax f...
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lawyer and CPA recommends the usual 2 comp. set up for holding and PMWhere there seam disagreement is what u use the PM company for: all expenses? Including tax, insurance etc ( 0 activity from the holding bank accou...
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Hello everyone,My third question in two days on BP. With wholesaling and wanting to do a double close, I understand I use the same purchase/sale agreement with the seller as I do with my end buyer. Does anybody have a...
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Hello,
I was wondering if people could offer their opinions in fix and flip loans in NJ?
I have the funds for a downpayment so that aspect isn't the issue.
I went to one of the big banks and while the rate was goo...
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Hello BP Community,
I have been a BP lurker for many years and after falling out of love with retail real estate- I am oh so READY to get into investing (my first true love). I have a question regarding double clo...
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I've looked and looked and fought off scam after scam trying to find the ever elusive, "100% funding" company to partner with as a beginner. I already have a property under contract but do not have funds for a 10%-15%...
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I've had a nagging question regarding double closings as I am just starting out in the wholesaling side of real estate and would like to know something before I start out. As far as double closings are concerned (I am...
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Hello,
The problem I have is POF. I want to use transactional funding but when I use any company's POF letter, I can easily Google the company and find they do back to back closing. I am afraid this may turn a bank o...
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Hello all, I have my real estate license and I'm thinking about signing on with a major real estate company but obviously if I do sign on with a broker I'm obligated to get contracts for them exclusively. I do have an...
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Hello Folks - My name is Ercilio De La Cruz (Rob). I am a new investor looking for opportunities to invest in real estate, especially wholesaling, rental properties, and fix and flip. I live in Boston, but I was advis...