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Using Business Credit for Proof of Funds for Hard Money Loan
Hello, I'm currently going through the process of attempting to open 0% business credit cards to hopefully potentially use as the downpayment to qualify for a hard money loan, to then use that hard money loan to purch...
Brian Leppla
Solar Panels - Vendor Owned (Vivint Solar) Value
Good day all -Looking to clear up cross-messaging I'm getting.A company out in CA called "Vivint Solar" will install solar panels on my house with no money cost on my end. They are competing with our local utility who...
Courtney Spiers
Advice for setting up an LLC in Georgia
Can anyone help guide me in the right direction to set up an LLC in Georgia. Any advice would be greatly appreciated! Thank you,Courtney Spiers
Anita Z.
Sell Central Valley Rental and move equity to San Diego rental?
Hi, would love some input/advice on this scenario: I currently live in the Bay Area, and have a single family rental in Merced, CA that I believe has a slow appreciation: bought for $170k in 2005 & its now worth ...
Kyle Reynolds
Should I Sell or Rent Out My Home? Weighing Investment vs. Cash Flow Concerns
Hi BP Community,
I'm looking for advice on whether I should rent out or sell my home in Sacramento, CA. I’m moving out of the house soon and will be living rent-free with my wife at my parents' place in the Bay Area ...
Michael J salemy
HELOC on Rental Property
I have two rental properties and a primary residence. My two rental properties my wife and I have on 15 year fixed mortgages and are about two years into it. They are in the Tampa market. They have a significant amoun...
Ludmila M.
What are the cons of taking out ROTH IRA contributions?
My husband and I were thinking of taking some money out of our ROTH IRA for the REI business. The amount we'd withdraw would be around 20% of our overall retirement funds. We are in our 40s, if that matters.Aside from...
Mark Mays
last minute strike-offs on tax sales?!
I reside in Houston and have been attending sheriff tax sales on the courthouse steps for a while. I've been doing my research and normally narrow down my potential buys to about 5 properties. It seems time and t...
Brian Bradley
California Investors Prepare to Pay, UNLESS …
The cold hard truth is that if you are a CA resident and invest in real estate and own or plan to own multiple investment properties, and you set up an LLC to hold that asset, ANY state that you own property in and an...
Jeremy Lee
Feedback/advice on inheriting real estate investments
Hey guys,My dad just threw an unexpected curveball at my two older brothers and I, saying he wants to reduce his and my mom's tax liability/burden by unloading one of his properties (a 1 bed condo/apartment unit on th...