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Has anyone purchased property using a home equity line of credit, HELOC? I curious to hear your experiences, good & bad.
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As its that time of year (in the USA at least), i found this (among many) good summary about when you have to pay self employment tax or not. Generally if you average 7 or fewer nights or 8-30 nights and provide "subs...
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I am located in IL and this is for a residential property. I was engaged in a real estate deal that recently fell through. I have attempted to send earnest money as a buyer to the title company twice and the sellers a...
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I like many folks on here have dreamed of owning commercial real estate (retail, office and the like) I currently do own a small office building and multiple rentals as well as managing over 1100 door in OKC metro. W...
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After buying a Performing 1st from an online site, what is the next step? Boarding it w/ a servicer? How is that done? Does the seller overnight me the loan docs and I'm then responsible for setting up an acct w/ a se...
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Has anyone done this? For taxes purposes and to keep the money apportioned correctly, it is even possible? Thanks
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I set up a parent LLC (not a series) for my properties (each have a LLC). I have a separate acct for each door. Each account has a checking and savings. the savings is for deposit escrow. If I move my rental income to...
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Hello all,I’m currently in High School. I already know that I’m an entrepreneur, and I love real estate, so I’m almost positive I’ll be a developer and investor(but not closing myself off to other possibilities). Scho...
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I'm gearing up to take the next steps in my REI journey. Currently have 5 properties (2 LTR and 3 STR) with waaaaay too much equity in them. All are paid off but one, and that has a LTV of about 20/80. I'm looking at ...
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Hello Biggerpockets community, my name is Stefon, I am an enthusiastic young man ready to start a career becoming a real estate agent/ investor. I am looking to work in the upper New jersey/ New York Rockland county a...