Peter Jetson
Cash or Finance: which is best if you have the cash?
As I embark on this RE journey, I see on the forum that most people take it for granted that financing is the way to go. What if you have enough cash to purchase a property, are only getting deferred tax benefits from...
Sabrina Speights
Working with Tenant to Pay Rent
Hi all, I have a tenant who is really great. She just got notice that she's getting laid off from her job in December. She's not sure how the job search will go and might not be able to pay her rent in January. Does a...
Jeff Bender
Moving to Delaware New investor
Hello BP Community! We will be listing our home just outside of Denver next month with our sights set on the Rehoboth Bay area in tax haven Delaware. I took the past quarantine year to learn about finance, real estate...
Sean Jabbari
Questions - Dos and Don'ts Questions (Second Rental Property)
Hello All,New to this forum and site, and I'm looking to learn more as I'm looking to purchase a my second rental property within the next 3-6 months. I'm looking for a purchase of a house to rent in the $100,000 - $1...
Lee Jedlicka
First loan - LLC obstacle
Hello, amazing community,
I am about to purchase my first duplex in Florida and having a hard time obtaining a loan because of my LLC not being active for over 2 years.
I have been working as W-2 for 8 years. Beco...
Kimberly Anderson
Getting house under seller contract BEFORE negotiation?
Hey guys, I was on YouTube recently and I watched an interview with a seasoned virtual wholesaler. In the interview the wholesaler said that once he gets a motivated seller to call him via direct mail marketing, he al...
Eric Uhls
Renting property from your own LLC
Is it legal to transfer your property to an LLC you own, then have that LLC rent it to yourself?
The intent is to separate it from the payment (assume the lender will go along with it; i've talked to them, and they w...
Matthew Keyes
Taking home loan from Family Trust
Hi all!Looking for pros and cons as well as any additional foresight for the following scenario:We are looking into buying property and building a new construction. While the bank has no issue loaning me more money t...
Bo Wagner
Crowdfunder for Flipping?
Just read an article on a Crowdfunder trying to fund flips; curious if anyone had heard of this (and if it's a good option). Not trying to invest personally right now but a lot of investors who close with us ask abou...
Chris Rightmyer
Seller Financing and Tax Issues
Hello. I have an individual that is opened to selling me their current duplex portfolio, consisting of around 7-10 duplexes. I was attempting to work with him on some sort of seller financing option as he would be o...