John Thedford
Private Lending--How It Is Changing My Life AND It Can Yours Too
So, I get a PM from a mortgage broker in another state asking about private lending. I told him to feel free to ask any questions and he sent me enough to write a book LOL!Anyways, I want to offer my personal experien...
Michael Seutin
CASH FLOW question
I bought 3 ppties so far. I am learning and improving eacth time. But I didn't do so good at first. Here is a recap using the 50% expense rule that I believe in cos it is proven in my ppties.
1st Ppty: SFH bought in...
Cody Thompson
Opinions on a Very Creative Financing Idea
So I'm working on my first real Estate deal. The seller is someone I've known for a long time and we are going to work out a seller financing option next Saturday.I don't know if anyone has ever done a deal like this ...
Michael Bracken
"Howdy" from Dallas! I tip my 🎩 to ya for HELOC advise
Greetings, I would like to raise some money for conventional financing of a duplex or 4 plex.
I have a rental with 110k equity owe 39k 6.5% and a primary residence with 100k equity owe 98k 4.5% 15 year note. If I c...
Andrew Yip
Need advice on making decision hold or sell
Hi Bigger pocketers,Through bigger pockets, I've been a big fan of BRRR.  I bought and hold properties in southen california area ( total 6 investment properties). My investment properties would be considered class B ...
Hasan Hamdan
Bankruptcy Short Sale
What do you say to a seller when they ask how does a short sale benefit me after I've done bankruptcy? Are there even any benefits? What I've been saying mainly is that its added protection and gets your name out of i...
Shawn Long
Can capital gains tax be avoided through an LLC & depreciation?
Can you avoid or defer most of the taxes if you have an investment property inside of an LLC by using depreciation or maybe even in conjunction with a self directed or rollover IRA? If so what are the proper steps and...
Frankie Betancourt
Buying from myself with a credit card
Hello is it possible to sell something online and use a credit card to buy that item for myself and then use that cash to transfer into my bank to buy a house? Because i have 20k credit limit and would like to turn...
Morgan Nilsen
am i overleveraged
Can someone provide me with a formula or something to tell me if im over leveraged?
Ronny Crawford
Taxes on Private/Hard money loans?
Does anyone have professional guidance regarding how taxes work regarding private lenders or hard money lenders? I was on both sides of this question last year and have not yet filed my taxes.Two scenarios to conside...