I'm a partner on a $3M syndication deal in Northern Virginia. We have 4 General Partners and a very small number of LPs. I have a small ownership percentage; I will make a larger return by contributing $500,000 to the...
I've started looking into a few SDIRA companies and just wanted to ask to see if anyone has experience with these companies or if anyone has any suggestions for another SDIRA.I'm looking at Quest, Advanta, and Cama. R...
I'm confused about the tax advantages of rental properties as compared to stocks. For the following, assume I buy an SFR with 20% down, rent it out, and sell after 30 years.
I'm taxed on the "profit" (I'm not yet sur...
My primary residence is worth between $775K and $800K. I'm a realtor so that value should be very close to accurate. I have a first loan at $384K and I'm looking to get a HELOC (home equity line of credit) for between...
I realize there is no sure fire way to guarantee a lender will agree to a short sale and in a lot of cases it seems to come down to "the bottom line", will it be it more profitable; or should I say less costly; tha...
I would like to get some ideas from you experienced RE investors out there on structuring a partnership my friend and I about to enter into.We (two of us) are planning to form an LLC with some cash and start buying mu...
All,
I am about to get started in buy and hold rentals but I am wondering how other investors in Michigan set up their business? Do you need n LLC for each rental?
Any help is greatly appreciated.
Dan
Hi, I’m looking for help on a seller financed deal for a four unit property in Iowa. I want to do a refi with a bank at a lower rate after I re-meter the property so that tenants are responsible for their own utilitie...
This is a little lengthy so forgive me.I had a buyer that I signed multiple extensions for. We had agreed o. $6,000 in credits at closing for repairs. Ultimately she was denied. Her boyfriend stepped up and offered to...
Hi everyone, I'm new to the BP, one week to be exact. Love to share something here as everyone else did.I took a 3hr short sale class today in Long Island, NY. Just want to share some notes I took down and love to hea...