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So my brother wants to partner up and fund 100% of the down payment for all the deals I find. We would both be on the deed. Would this trigger an tax implications? Would this count as a gift?
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Hey all - I hope all is well with everyone and the family =) ! I am in a difficult situation, hope you all can help with this tough question, SHOULD I DO A CASH-OUT REFINANCE NOW OR A LATER DATE WHEN I NEED THE CASH F...
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I am trying to decide if it's a good investment to purchase an AU or two before I apply for funding. (I'm going either the HML or Portfolio route). If they look at income, liquid assets, and debt to income, would avai...
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So..... I just want to share how my partners and I got stared here in Louisville, KY flipping our first house. There are many creative ways to fund and finance real estate deals. So for those out there with no money f...
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I am a new investor and I made my first offer just last Friday. I anxiously awaited for a response over the weekend and I indeed got some promising news. It was a probate lead which was turned over to the lawyer who b...
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Hello everyone, im new to this site but anxious to learn more from the community. my interests leans towards buy and hold. im currently seeking multifamily units. funding will be a challenge but not impossible. i want...
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I am a wholesaler and came across a great deal. The property is on the mls and in order for us to sign the contract they are requesting proof of funds. Can someone help me out on this one. Thank you.
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Hi BP and Friends,
I realized that after acquiring my first 4-Units investment, there is a big setback financially. This is because the conventional bank required that I put down 25%. It is pretty much all I’...
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Hi Recently I have transferred After Tax 401K to Solo 401K. This is from Fidelity. I checked in Fidelity transfer detials, it says clearly Total Non-Taxable Amount for the line item. My question is, can I convert Afte...
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Say you had 2 properties. Property 2 suddenly needed a new roof. How do you know if you've saved enough in cap ex funds to pay for it? I can't imagine each property will have its own separate bank account.
I guess...