I've been researching investing in real estate for about 18 months now I'm ready to get my feet wet but the one problem I have this capital get in the lungs to finance these Buy and Hold realestate someone told me ma...

Hello everyone,What are the collective thoughts on having a line of credit instead of actual cash reserves?I know it sounds ludicrous! Cash reserves are what get you through those times when all the Capex comes down o...

Does anyone have experience negotiating a short sale in which the second note holder is a personal note (i.e. not a financial institution).

We've reached an agreement with the bank, but the person who holds the secon...

Quick question:

If I wanted to drive say a 70k muscle car as my company car, is that deductible if in the company name?

How do you guys hold your toys with wheels?

Thanks!
Mark

Hello BP!
I have a question about using an LLC. Seeing as it is more difficult to get financing for rentals using an LLC when starting out, would it be an option to purchase a property in my personal name, then sell ...

Hello! We get a lot of "what's your offer" from homeowners when searching for off market properties.  What is your strategy in this situation? Do you give them an offer that is close to market value just to get a foot...

Hi BP Community,I have read 5 articles and am still unclear on the new $10k deduction limit on SALT. I am considering all tax implications before purchasing my first multi-family property.I currently have about $150k ...

I am ramping up the real estate investing and I was considering the idea of taking out a personal loan to do the rehabs on my properties then refi after. My wife and I are good at negotiating owner financing on a ball...

Can someone help me out with interest tracing rules in my situation.....I've read a few things and Im just confused.  Here is an example.  Lets say I have 200,000 in my personal bank.  This money I specifically alloca...

Hi, Have a meeting with my lawyer shortly but hoping to get some advice on the forum in the short-term. My wife and I transferred our properties to an LLC we started back in January. We are 50/50 owners of the LLC, th...