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I am scheduled to close on a mixed-use property in Wichita Falls, Texas on April 26th and I've been pre-approved for a conventional loan but they have not been able to find an appraiser to pick up their appraisal orde...
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Hi there,My boyfriend and I are trying to start out with our first real estate investment by purchasing a duplex. We live in Raleigh, NC and the duplexes that we are interested in look to be 3-4 bed/unit around 200-30...
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Parents would like to do a 1031 exchange to a new house for their daughter and son-in-law to live in. Daughter and Husband would pay market rent, but are hoping to be actually be building equity in order to take owner...
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I see that many people in the BP forums state that you don't need an LLC for an STR, just the right kind of insurance. If I want to be 200% sure to protect my own personal assets and other future rental properties fr...
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Hi, I live across the pond in Johannesburg, South Africa, would it be worth my while joining BP considering the fact all the content is American based? I'm not sure this site would be of any value to me.
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Currently I have a single member LLC for LTRs and an S-corp for my flips and RE commissions. Im getting into a private lending deal… should I create a separate LLC or can I use one that I have?
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Hey BP, when buying all cash is there anything I should be looking out for? Money will go to the sellers title agency. This is for a buy and hold that I will get delayed financing on. -any tips for verifying title is ...
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Last night we were notified that Fannie Mae is making some changes to their Rental property and Second home purchases. This morning we are getting more clarity. There is not going to a standard LLPA (price hit) in a...
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If I earned interest on a promissory note, but incurred expenses to loan that money, how do I report that?I loaned money to a real estate investor who then used the money to fix and flip a property. He gave me a promi...
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If you could pay 3/10ths of something would you?
What if I told you there are ways in insurance to decrease a $100,000+ deductible down to $20,000 or $30,000 AND pay only slightly more premium?
How is this possible...