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What is the best way to finance a house flip? Is there an advantage to invest with all cash opposed to getting a loan? Ideally you trying to hold the property for a few months. What are the disadvantages of doing a lo...
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Hello BP- Here is the situation:My partner and I would like to start flipping a few properties we have lined up. LLC partnership 50/50 split - We mainly do wholesaling.We have 3 individuals willing to lend money for a...
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I understand creating an entity (LLC, etc.) for a flipping business to protect your personal assets from potential issues that arise on a property flip.
But my understanding is that if someone gets a judgment...
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Hello everyone. I am a new investor that just closed on his second property in the Indianapolis area. Section 8 is something very interesting to me and I just want to see if any investors have experience with Section ...
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My husband and I would like to invest in a small rental home nearby for roughly $100K. Do banking institutions still loan down payments as reasonable rates? We have excellent credit and very low debt to income ratio...
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Hi Y'all I have been going to the local raleigh meet ups and they have been great! I want to help new investors but I am at a disadvantage in this market as it is newer to me than where our current business resides in...
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Hey there,I just wanted to introduce myself and say hello to the BP community. I've decided to take the plunge by leaving my old career and move into real estate investing, though I can't quite call myself an investo...
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Is obtaining a real estate license useful for real estate investing? I am currently in the process of educating myself about real estate investing. From what I have read so far, purchasing multi-families may be the ro...
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First post here, thanks for the wealth of knowledge, I am facing a very challenging situation, hopefully experts can weigh in…
I currently have a SFH in a great location, excellent school district, have been renting ...
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Can somebody explain all the tax disadvantages for a house flipper? What's the best approach for a first timer? Buy and quickly sell the property after renovations or hold it and sell it after some time to save money ...