Patrick Sears
Opportunity Fund tax question
Hello,Wanting start an Opportunity Fund to buy and hold SFR property located in Opp Zone. Planning on it being single-member LLC (taxed as corp, not partnership) for now to get started. From the reading I've done it...
Christina Shackleton
Crowdfunding - Good idea for a new investor???
Hi,As a new investor who is just starting out, I don't have a huge amount of capital to get my first project off the ground. I've read about crowdfunding. Has anyone had any experience with this form of investing and ...
Daniel Dietz
POF Options - Cash Value/Borrowing of Life Insurance?
Hi,
So far I have been using my IRA to purchase properties so the POF has not been as issue as I have been just using cash from within my IRA. So the whole POF thing is a bit new to me.
With that being ...
Michael Willis
Saving for a down payment/preserving capital
Hello all. I am new to this community and I am trying to soak up all the great information and ideas that this site provides. My question is specifically regarding saving for a down payment. I am trying to save as muc...
Jason Elbers
Flippers organizing bank accounts
Flippers, what's the best way to organize your bank accounts?
I have a personal account and an LLC business account.
Currently, I keep the bulk of my money in my personal account and transfer funds as needed to my LLC...
Bryan Hancock
What is the Craziest “Financing†Scheme You Have Seen?
I have been chasing money from investors for several years now and I have seen some wild stuff. Given the recent spate of posts on “creative†techniques to raise money I was wondering if people would care to shar...
Daniel Dubeck
Gap funding
Has anyone had any luck with gap funding? Are their any pro's or con's? Thanks in advance for your response and knowledge!
Agnes Chlebowski
Buying Property Through an Ontario Incorporated Company
My husband and I are really struggling to devise a plan to purchase investment properties through a corporation.We have the corporate formed and funded through an intercompany loan ( I own a small business that does w...
Domingo Cano
Need help getting hard money loan
I need help i been trying to make my first deal with a hard money lender but what stops me is when they ask for a contract of the home or a purchase contract. What do they mean by that?
Kevin Marquez
70k cash how much BRRRR can I buy with hard money
Hi everyone I have a quick question! I saved up $70k this year and want to buy my first BRRRR. My only concern is when I get a hard money loan do I need 20% of the ARV (for acquisition and a loan for the renovation) s...