Adam Roberts
Self directed IRA - purchase note
Team -
I have a home that I recently owner-financed out to a buyer on a 15 year note, and I would like to entertain the idea of "purchasing" the note with a self-directed IRA. Currently the note is owned by ...
Tom Benette
Insurance for rental property
We own an LLC which in turn owns a rental property (single condo). We use outside managers to manage the property.Right now I am using an All State personal policy on the rental property with the LLC as additional in...
Michael Gregory
Our Quickest Flip Ever
Thursday: An email appeared in my inbox for an easy flip at 190kFriday: Toured the property, made an offer at 195k dependent on sewer scope. ARV 260k with <10k repairs.Monday: Scope revealed bad line, revised offer...
Nick Campbell
(Newbie) Partnership financing
I am looking for clarity - I am a newbie looking to invest using the BRRR or buy and hold rentals. I've found a good agent and I've been looking at properties and analyzing deals, but the numbers have not panned out y...
Gabriel Ortega
Who has been your best experience with Non QM HELOC LONAS bank Statements
I been investing since 2017 and my rental income is 100% of my income. I have found that getting a heloc on my primary has been an issue when review w2s as my dti is over the requirements. This got me looking into 24 ...
Corey Dutton
Dodd Frank Regulations Threaten the Existence of Community Banks
With an increasing number of mergers in the banking industry it’s no doubt that increased regulation under Dodd Frank has a role in it. Donald J. Mullineaux explores this topic more in a recent article from American B...
Brian Spink
llc vs umbrella insurance
Podcast 109 co-hosted by a real estate attorney stated an umbrella policy is not enough personal asset protection and that an LLC is needed. However, I have read that on BP a popular theory is that one should form an...
Vladimir Kamyshin
Investor and builer recently moved to Texas
I am a spec home builder, investor, transitioning into buy and hold investor. I have built over 200 homes, flipped 50+ homes. Recently moved to Houston, getting into passive investment business model. Will probably st...
Account Closed
How should I handle this?
So tomorrow is the first day I'm going to look at properties and negotiate a price with the sellers.
1st property: I talked to the first guy, he told me he did some remodeling to his property and, "to him" the prop...
Grant Tallmadge
Investor Friendly CPA in Denver Area
Hey BP community in Denver! Can anyone recommend an investor friendly CPA in the Denver area, around downtown or west of I-25 if possible? I'm looking for a CPA who can help with both personal (married) and business r...