Travis Bill
Not really sure what direction to go.
Background- Im 22 have 20k and my credit scores range from 680-720. I work in the Bakken oil boom where I recently acquired an excellent job in the 140k a year range. I work a rotational schedule 14 days on and 7 d...
Aarielle Pannesi
Under what circumstances would a hard money loan make sense?
In what circumstances would you consider a hard money loan a good option or a good idea?
Amelia Cooper
Hitting A Wall
Hey BP’ers…I am really discouraged and looking for some advice.Context: My strategy is small MTR’s in Tulsa, Columbus, and Asheville. I own a primary in Vegas. I’ve identified two condos at $40k each I want to buy. B...
Jasmine Wilkes
federal taxes
I just started my llc October of this year through the state of texas. if I don't receive any funds this year or do a deal this year do I have to file taxes? ive spent money on starting the company and filing and mark...
Corey Duran
Looking to change my business structure (single LLC now)
Currently, I have many properties, all under one LLC roof. I know this is not the move... That is why I am looking to change this. I am curious how I should do this. I have heard of setting up a series LLC. But these ...
Ethan Aycock
I’m 18 and ready to start.
Hey! So I’m 18 and in 3 months I’m moving cross country.
Now I’ve been reading a lot and learning about real estate investing.
I’m wondering if anyone has any ideas or pointers on where to start out as a job or fo...
Breton Van Syoc
Having trouble getting a loan
What if you have 20% down payment, 900+ credit score but can't get a loan because you are self employed and can't prove 2 years of income stability. Income over 6 figures per year. Recently laid off from BP and start...
Kyle M.
Loan Approval! - How?
The property in question is $55k, and I recently did NOT get approved for a loan and was really really surprised. I was looking for a quote with 20% down as an investment property, and they shot me down despite ha...
Account Closed
Please correct me (Rate/Term and Partnership Question)
Background: The private equity who is lending me the money to do the deal is actually an equity partner. He is bringing all the money. However to get the Rate/Term loan without the seasoning period, he will be in the...
Scott Nipp
Self-directed IRA profit question...
We are going to be setting up a self-directed IRA sometime down the road. My understanding is that all of the profits from an investment you can contribute back into the IRA with no limit. My question is do you HAVE...