I signed a purchase agreement to sell a property for 490,000. It was written that my total proceed would be 250,000 less any taxes etc. Buyer stated that he needed to state the higher number so the hard money lender ...
I've been a landlord for about 5 years now and use the proceeds as income like most do in the beginning of their REI careers. The question is, whether to initiate a S-Corp or LLC for my passive income. My CPA r...
I think that a calculator that includes two different loans on the same deal would be beneficial.Example:Property price is 1,500,00025% is from a private investor at 7%the rest is a loan from the bank at 4%What is my ...
Hello all,I'm new in the notes business and I have an opportunity to buy a pool of 4 notes in different states. I'm wondering whether it's possible to keep all of them under my LLC which is in Florida. It means that I...
Hey all, my brother and I are flipping a side by side duplex (twin). Trying to decide if we should do the same siding for each one or doing a different color to make them look more custom. Please let me know your thou...
I am looking to buy my first multi unit property in Bakersfield, ca and am debating between 2 different units and would like some advice on which would be the better option, particularly relating to the neighborhoods....
There is a foreclosure coming up soon to be sold at the courthouse steps however it is a private party lender and not a bank...is there anything that I should be aware of that would be different than a bank sale ? Of ...
need help for writing up letters of intent for master lease options and seller carry backs.
I registered/started my LLC in New Jersey with a NJ address. I have recently moved to South Carolina and want to know if it is possible to move that LLC to my "new" state of residence. Is this doable or legal? Are ...
I created a LLC for my clothing business several years ago, and recently decided to shut that business down. Can I use that LLC for my real estate business now?