Roman M.
Roth IRA first or down payment directly when purchasing?
Hi everyone, I am purchasing a triplex and I will be living in one of the units for a while, my question is should I put the 53k in a Roth IRA first and then use it as a down payment for my property or just write the ...
Ashley Gold
Calculating IRR for distribution waterfalls - help!
Hello!I'm working on a real estate investment project for a class I'm taking and I'm having a little bit of trouble fully understanding the equity distribution calculations (pref and hurdles). When you are calculating...
Christopher Abernathy
can i offer equity % for down payment assistance on multi in LA
hi there, im looking to get feedback on offering a percentage of equity upon buying a 2-4 unit property in my name in here in LA. i will owner occupy and eventually cash who ever the investor is out or upon refi or sa...
Seyi A.
Bypassing Redfin and the Listing Agent... good idea?
Hi BP Fam,I recently found a potential deal on Redfin and went to tour it with a Redfin agent. The listing agent (someone else) was not there for the tour. I am still running the numbers, but think there's a deal to...
Alan Grobmeier
BRRR & IRS Tracing Rules
Has anyone run into irs tracing rules when doing a Brrr or cashout refi on a rental?Here is a link:https://borelassociates.com/wp...ThxAlan
Jay Peterson
HELP! Offer for Vacant Daycare Building
Hi BP! I'm looking to purchase my very first commercial property. (Yikes!) It is an old daycare building that hasn't been in about 10 years. The broker says the owner is willing to owner finance. The price is $250k fo...
Rich Weese
Before Balloon payment becomes due
There was a previous thread about this same subject. What do I do when my balloon becomes due 10 years down the road ? There were a lot of responses and the consensus of them all listed the following choices:
1. Sell...
Nick Cannon
Potential deal
Hi BP family,
This is my first post on here. I'm looking at my first potential fix and flip property and am looking for some guidance on how to secure funding. I can get it for 42k. It'll cost about 20k to fix up w a...
Jamon Stanton
Looking for a creative solution to finance next property
I'm currently looking to buy a 2 bed 1.5 townhouse. It is not on the market yet but I'm positive it will be on the market soon to buy. I am a new business owner and would like to know of a good strategy on how to fina...
Roshan T.
Setting Up Rental Property as an LLC
Hi BP community,Rookie here looking to learn how to set up the "business" of rental properties. - Incorporating an LLC,- Opening a bank account for LLC- Establishing accounting book- Working with CPA's, attorneys, etc...