John M.
Alternatives to HELOC for pulling cash out of primary?
So, I bought a new primary residence a year and a half ago with cash. I'd like to take out a LOC on it to use for fix & flips and/or buy & hold acquisitions. Problem is, I don't have any W2 income since I don'...
Scott R.
Looks good to me! :)
Heres the info from it..
Year: 2006
Scheduled Gross Income: $13,920
Vacancy @ 20%: $2,785
Reimbursement: $0
Income Item: $0
Income Item 2: $0
Effective Gross Income: $11,134
Est. Maintenance @ 5%: $...
Anthony Shields
Will switching to S-Corp affect my ability to get loans?
My primary business is not real estate. I use the income from my primary business to qualify for loans. I'm thinking about electing S-Corp next year, but I'm worried it will cause a problem due to my "salary" being lo...
Garrett Wenetta
Financing...?
Hello All... New to this game... Having some capital
to start out with, but with a lower income, what are som recomendations for financing an income property. (thinking multi-family)
Alex Hamilton
Baby Boomers seeking Retirement Communities have a problem
Anyone using BP ever noticed the SPCA solicitations on T.V. requesting contributions to help provide Food and Shelter for Animals? Don't get me wrong, I like Dogs and Cats and think to many of them are abused and neg...
Account Closed
How to issue a W2 to myself?
Happy New Year everyone! Let 2016 be a year of learning and prosperity for all.I have a question and I would like someone who has done this and has experience with it to help me out. I have been acting as a sole propr...
Danny Randazzo
What Have You Learned about Apartment Seller Financials?
What have you learned to always look out for when reviewing seller financials? Maybe you learned this the hard way by missing it on a previous if deal. If so, share a little about learning the lesson.
Edgar Funes
How to manual calculate COC return?
Hello everyone,So I have a question...?I checked to see if an multi house investment could give me a good Cash flow or good Cash on cash return. So in the messy picture I will post below I got a 39.72% rate of return ...
Christopher E Renna
Looking into NJ Multi Family Homes
Hi my name is Chris! I am just starting a full-time job in Northern NJ and have recently become interested in multifamily units. My goal is to purchase a unit within the next year or so. I hope to live in one of th...
Mark Gruetzmacher
To partnership, LLC or Sole Proprietor-Tax Questions
Hello everyone, I have another question to run by you. I am trying to figure out which is the best way to structure this deal and how to do it for tax purposes as well.I am closing on property on Tuesday. My father ...