Account Closed
Paying Out Investors On A Flip
I know there is no universal way of structuring flips, but how do you normally pay out your investors for a flip? Duration 6-12 months. Raising $365,000. Am putting in $75,000 of my own money. Do you pay out an annual...
George Zatulovsky
Rental properties in an LLC
I have 4 rental properties in Missouri but live in California. Planning to form an LLC and transfer properties into LLC. I will be an only owner of LLC to avoid filing a separate Federal tax return.Questions :Does i...
Don C.
ProSource Tax Lien - Vs - BiggerPockets
First I'd like to say this is not a paid advertisement for either company and is my own personal opinion, that I'm sharing for your entertainment porposes. Now, like most of you l look for products tools and resources...
Luther McIntosh
First time homebuyer program (New Jersey)
I live in New Jersey and I qualify for the first time homebuyers program. However at the moment there isn't much on the market in terms of multifamily properties (plan is to house hack). I also have my LLC that I'm lo...
Satha Palani
Change ownership structure and financing - multifamily
My wife and I own a 3 family in Newark NJ that we bought using an FHA loan (3.5% down) 3 years ago. We currently live in one unit and rent the other units out. I have a loan balance of approximately $410K and pay $270...
Christopher R.
Help Analyze Multifamily Deal
Property Info: 30+ years multifamily, fully leased, roof recently replaced, great rental area, HVAC looks very old.Price: $258,240Loan Info: 5%, 30 year fixed, 20% downCash Invested: $51,648Monthly Loan Payment: $1,10...
Todd Nordstrom
How will Lender look at this situation??
My wife and I currently rent here in Hawaii and I am looking to buy and hold out of state where I am from.Our current situation is I earn w-2 decent salary, same line of work for 16 years, same place for 10 years. My...
Schneider Theodore
What do you guys have to say about the BULL in crypto(Bitcion)
I need your response and suggestions about the sudden increase. Will it keep going up remain stable or return to $30,000?
Corey Ascolani
Small IL City will not release insurance funds after property sold.
Hello, I am having no luck having insurance funds released by the local City. Below are the facts. Location: A Small City south of Champaign/Urbana about 45 mins drive.Initial Date: August 2022 A Fire happened at a SF...
Lee S.
Refinance Hard Money Loan
I've been talking to HML lenders lately and was just reading the comments to podcast #9 on HM and I had a thought come to mind. If a HML will only lend to an entity like an LLC and I want one of my exit options to be...