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Ok so I’m wholesaling. And I was wondering since I will be having a contract with both the homeowner and the cash buyer. Will the cash buyer be in charge of paying the title or “closing cost taxes” since that’s the re...
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Hey everyone,Live in the Boston area and looking to getting start building a portfolio and have roughly $800k in equity sitting in our primary residence. We have some cash to get started with but I'm looking to scal...
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I'm looking at purchasing some sfr or small multi families in the western New York area. Does anyone know the income tax rate an LLC would pay in New York State? Besides being able to write off expenses, and deprecia...
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This contractor I met when he came to give me a quote on a new project, offered to sell me a 1BR condo he owns. I said I would only be interested if it is owner financed and he agreed.Asking $55,000 which is close to ...
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Hello everyone!I am just starting out my real estate investing journey and wanted to introduce myself. I've been doing quite a bit of research over the last couple weeks and have decided on an area I think has great p...
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I recently purchased a duplex with seller financing (3 year note). I would like to put my LLC on the title instead of my own name, but knowing that I will need to refinance within 3 years, will it be harder to get a l...
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Hey everyone,I'm sure this topic has been addressed several times but it seems I keep getting different answers when talking with different lenders vs. what I've read online. I am rehabbing a property and would like t...
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Hey BP, I am looking to get into REI and have been doing some research on getting a Heloc on my primary residence. I do have a good amount of equity in my current home, but I am more concerned on the details of after ...
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I just got approved for a mortgage in Humboldt, California.
It was an absolute nightmare with self-employment income being verified by fannie mae/freddie mac rules, and not being able to use income from new LLC's I h...
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My current home is a single family house in my name and with mortgage debt in my name in PA. I have lived in this property for several years and due to the appreciation in my area over that time as well as the upgrade...