Gary Barella
Best way to pull cash from LLC as income?
I flip homes and I get paid from either at closing as consultant on the HUD or 1099 from my partner after closing. I currently want to show the highest income possible (future borrowing purposes) but pay as little tax...
Dmitriy P.
Non occupant co-borrower
Hey BP folks,I’m getting conflicting info and looking to see what some of your experience is:I currently have an FHA loan on a triplex which I reside in. I’m looking to get into another duplex property with an fha loa...
Arielle Carver
Owner Financing / Contract for Deed
Hi BP Members! Does anyone have any experience with owner financing, how to find an attorney, things to consider, things to stay away from, etc? I am in Colorado and may have a seller financing opportunity but I have ...
Elias French
Retirement related questions
Hey I had two quick questions regarding retirement, one is does switching funds in your 401k create any taxes at any point in the future? And the second is with using a Roth IRA is it possible to pull out 4 percent of...
Lisa Fryer
Expand existing septic system?
Hello BP community,
Does anyone have an idea on general resale value difference in a 2 bedroom vs 3 bedroom manufactured home on it's own land? The property is located in Belfair, WA.
We own a lot with an exis...
Susana F.
Newbie (with some background) from NYC
Hello Biggerpockets Community!My husband is a "buy and hold investor" for condo units in NYC and Northern NJ (long time ago) and I has been managing the properties... We have been involved on other businesses for few ...
Quentin Mitchell
Funding stories (where did you find the Loot!)
I thought it would be a good topic to see how some people got funding when they first started, or even how they currently get funding hopefully this can help spark ideas for new investors.Me: The first deal I ever did...
Marcus Turner
Closed on great priced property - Resell or Rehab?
Closed on a great priced property. Should I list and resell immediately (for $20k profit) without rehab or rehab (for $35k profit after investing in $50k in repair)?
Rafael Rosales
Funding 1st Flip with HELOC
Hello everyone,
I am a roofing/general contractor based out of the south chicagoland area.
i recently purchased a property (100% paid)
we planned on using our companys income to fund for the flip, but due to poor deci...
Daniel Dawson
Heloc, refinance or portfolio
I currently own two properties, one rental and one owner occupied. Rental has $45k on the loan and rents for $1200 , appraised @ 115k. Owner occupied property has 90k on the loan and appraises @160k. I am going to st...