Tenant toured my property and I had her submit the application through Zillow. The credit report, background check and everything came clean. Was also able to verify employment with employer, contacted previous landlo...
I'm getting ready to do my first fix and flip and am currently seeking funding from Private lenders. I'm familiar with corporations and LLCs that pool the funds of several lenders and loan them out for a certain perce...
I am hoping there is an accountant that would be able to assist me with my question because I have hit a roadblock. A couple of years ago I created a Solo 401K account using funds from a frozen pension which was rolle...
Hi All - I am 31 years old and found a duplex with a lot of upside but it has to be a cash purchase. I want to pull money from my Roth IRA but want to do it correctly so I don't get hit with taxes and penalties. I am ...
My fiance and I recently purchased our first property to flip. Prior to purchasing the property we created an LLC and created a bank account for the LLC. We both also work a regular 9-5 job. Actually, we both had just...
Hi Bp,
it's been a while since I asked a question.
My question is, if I have a fund with let's say 10 LLCs that hold one property each. If one of those properties starts to become low in occupancy and can no lo...
I'm wholesaling a 4 house package deal that forbids assigning the properties so I'll do a double closing. Another wholesalers has a potential buyer for the deal but i need to know where i can get a consulting contr...
Im curious if anyone else had tried this:
At the beginning of a lease, say I would reserve $250 a month into a checking account to build up for Capex and or small repairs. I actually use 10% of the gross rents whate...
Hi.
I will be selling a rental in Pennsylvania and are considering a 1031 target property in north Carolina where I live.
Does anyone know what profession acts as a QI in Pennsylvania? Can it be the closing attorney...
Hoping I can get a clear answer on this. Thanks in advance.I am trying to get a 25% conventional mortgage on a duplex that costs $80K. The bank is telling me the down payment can’t be gifted. I have a substantial amou...