Justin Bailey
Heloc down payment vs capital gains tax
So 2 years ago I used a HELOC from my personal home to purchase the 20% down a rental property. I was looking into selling the rental property but would need to use the capital gains to payoff the 20% down. Does the h...
Sebby Vasalo
Auction.com and title!! please advise
Hello,I won two properties on auction.comBoth have judgements on them as per the preliminary title report and doing my due diligence I found at clerks office.Property 1) 8k lien from credit cardProperty 2) 2k and anot...
Navdeep Raj
Capital Gains - Investment > Primary
I'm in the process of purchasing an investment property in Austin, TX. Without lot of research I assumed if I lived in the property for 2yrs in the last 5yrs of the sale, I could be eligible for the exemption so I don...
Jayse Brock
Accounting for Multiple LLCs
Ok, so after a recent visit to my CPA for personal taxes, I was asking how I should set up my accounting. I have read a variety of articles on BP and they have been helpful but not exactly specific to my problem. Righ...
Asher Carr
CONVENTIONAL OR PRIVATE FUNDING FOR FIRST DEAL?
Hi everyone,I have a client who cannot qualify for a mortgage due to a huge amount of student loan debt and he is lookg toward me to provide an owner financing deal. Hes so motivatd to move to a new home, that he star...
Neil Da Silva
Alternative cities to invest in other than Toronto
As you Canadians know, Toronto's market is crazy right now, comparable to California and New York. With that being said I'm interested to know what other cities you guys are having success investing in. In terms of ap...
Robert Regis
Multifamily Real Estate Brokers/Agents in Chicago
Does anyone have great experience with any multifamily real estate companies/agents/brokers in Chicago? Any recommendations?
Ray Slack
Question about MAR contract Buyer & Seller closing fees
My questions is on the MAR contract the clause that deals with how closing fees are split between the buyer and Seller. The clause is below: I would interpret this to mean that unless there are any title defects or ...
William Gunlogson
Pay cash or finance?
Hello,I'm just starting out with a partner in the Minneapolis/Saint Paul metro and our long term strategy is to accumulate SFR's and MFR's. Would like to purchase for < 70% of ARV and rehab. Would consider flippi...
Rob Grove
Wholesaling foreclosures in Minnesota?
Can you wholesale foreclosures? I haven't done any wholesaling yet but I'm ready to start making offers if I can make them on foreclosures (almost ready, missing some key things like a contract.. That will be another ...