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Results (10000)
Account Closed Wells Fargo Abruptly Closes Lines of Credit - The End Is Near
12 July 2021 | 71 replies

When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...

James Lambert Using Credit Card to Finance a Flip
18 September 2017 | 14 replies

Hey Everybody,I am new to investing but I have been working with a mentor. He just presented me with an opportunity to flip a property with him.  I have 2 credit cards with a combined limit of $25K. Is there any way t...

Daniel Ortiz Reserves - How much cushion do you need?
17 December 2017 | 56 replies

Hi All, My goal is to purchase a multi family rental in 2018 and house hack it. I'm curious to know how much you all budgeted for reserves when you purchased your first deal? Would you take your 401k into consideratio...

Account Closed Creating a corporation and BLOC
24 March 2010 | 1 reply

I am about to close on my first rental property. I am planning to create an S corp from the advice of a CPA. My question is, I've been searching for 5 tradelines for my new corp to get Paydex credit. However, I think ...

Sophia Griffies Series vs. Traditional LLC
10 September 2018 | 6 replies

There was a recent Bigger Pockets blog post about Series LLCs vs traditional LLCs.  It sounds like some states don't allow them, but you can get one that is registered in another state.  Texas, Delaware or Nevada appe...

Account Closed Real Estate Agents with Seller Finance Experience
13 April 2023 | 10 replies

If you were to list your go-to real estate agent who can execute seller finance deals, who would you list? Market doesn’t matter, just looking to compile a solid list of investor-friendly agents who know how to work w...

Will Fahmy FHA Not Allowing Seller To Give Me Security Deposits
9 April 2024 | 6 replies

I'm using an FHA loan to acquire a duplex. I'm a few days from closing and when the title company sent out the settlement sheet with the security deposits and prorated rents as a credit to me from the seller my bank w...

Shiloh Lundahl Investing Using Credit Cards: Good or Bad Idea?
22 November 2019 | 28 replies

When I got home last night I opened the mail and, like most other nights, received several credit card applications.  Here are two of them:I have successfully used credit cards such as these in the past to buy real es...

Account Closed Am lost on taxes and accountant seems too busy for me
14 December 2013 | 12 replies

With year end getting close I am trying to figure out what to do with my businesses to minimize my taxes. Cash is king. Can someone please help me. The online tax calc seem to not line up with my calculations.
...

James Zobrisky What to do with Cash Flow
31 January 2025 | 17 replies

What is everyone's best advice for where to store your cash flow. I currently have a single family property averaging $330 a month in cash flow which is going into a basic checking account seperate from personal. This...