Hi Experts,
We are three partners buying a piece of property by forming an LLC. We would like to sell the property down the lane and each of us would like to do a 1031 exchange on our own with the proceeds. We don'...
Is there any way rent-by-the-room income can be counted for owner-occupied SFH mortgage qualification?Also, if the house has an ADU, can the ADU's or the main house's rental income count for qualification?Thanks!
Any experiences with using a non recourse loan for a self directed IRA to buy a rental property? Pro’s, con’s?
Good evening! I own a condo in a building that needs about between $30,000-$40,000 for some work done on our roof. Rather than a special assessment, we're looking for financing options. I'm finding that because our lo...
Hi everyone! I'm Jeremy Shinall from Orlando, FL (migrated from Peoria, IL, in 2005). I've been in IT (Information Technology) since I was 15 years old. 20 years later, I'm a software consultant for SAP.I've been intr...
Hi BiggerPockets members, newbie here from Conshohocken / Philly PA area. I am an investor in single family rentals and multi-family rentals. Looking forward to contributing to the BP community and learning even mor...
BiggerPockets Community, I'd like to ask advice on how to structure our business:As we finish up our first flip, my partners and I plan to flip many more houses in 2023. Many of our financially aggressive friends have...
Below are the notes from Austin Richardson's talk at the August Meetup. Hope you find them useful!Austin Richardson’s Presentation Notes (Notes taken by Keith Miller, any mistakes, errors, or omissions are my fault)
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OK- not quite yet, but soon. Here is how winner is being determined. Each contribution of $25 receives a #. There will be 24 #'s or places. Each contributor will be assigned a # and Josh will then mix them up and then...
I have a partner with not great credit. Mine is very good. He doesn't want his credit to affect my buying power and we want to set up an LLC. Is it possible for him to be a partner and NOT be on the LLC?