Nick B.
Using IRA as a hard money lender
Hello BP!I wonder if the following financing scheme is legal:An investor has an self-directed IRA that is more than enough to cover acquisition and rehab of a house.The IRA underwrites a 0% interest private mortgage (...
Chase Woodard
Tax Benefits from Rental Property
Hey Guys, So I’m a noob & trying to learn everyday. What I’ve been trying to understand is how Real Estate is so great for taxes. I’m planning on getting a rental property & was wondering what tax benefits do ...
Diane Tycangco
Is Cost Segregation Worth It for 7 unit $600k Apartment Building?
Hello everyone! I have been gathering information and some people say cost segregation is only worth it for expensive buildings. Is this true? According to Turbotax, with 27.5 years depreciation, my $600k building ...
Eric Lindsey
Owner Finance Question For Multifamily
Hello, BP community,
I am interested in learning about owner finance underwriting. Currently, I'm evaluating a property where the owner initiated a loan two years ago. My question is: How much equity should an owner ...
Thomas Farrell
BRRRR with ~400k Capital
Hello all,
I am new real estate investor that has yet to purchase his first property. Due to a very high entry level in my home state (Long Island, New York), I have turned to look at out of state markets, particularl...
Jose Trujillo
One LLC needed for each Fix & Flip ???
Hello BP !!! I have done a few flips up until now but I have them under one LLC. I was recently told be a fellow investor one LLC is needed for each flip project that is done. I did not get the chance to understand th...
Jack B.
To cash out refinance or not?
To cash out refinance or not? I kept it as short as possible while also providing the numbers/background.-I moved back into this house because it was cheap to live in (1,100 a month, 3.25% interest rate, FHA loan) aft...
Shannon Young
how do I finance a fifth property?
Hello all,I am relatively new to landlording. I would like to get a fifth property but I don't know how to do it. I know you can find banks that will do 5-10 properties. Where do I look? Any insight is helpful.thanks
Joeel Rivera
single families vs small multifamily vs mid-sized commercial
So I am new to the game. I am entrepreneur looking for ways to diversify and have been looking at properties for a while. Of course there are also a lot of tax benefits that I am looking at as well. My question is if ...
Luis Rodriguez
LLC
hello everyone . I am about to close on my first deal and I am planning on taking this to the next level by forming an llc and creating a business plan . My question is , since I will have an llc , will my home be con...