Lisa Koontz
ELI5: personal vs business funds and co-mingling
Background: Just starting out, and I'm trying to wrap my head around how to get set up. Strategy is to BRRRR or buy-and-hold SFH. Great personal credit (780+). Planning to start small and grow into something bigger th...
Angie Menegay
(Yet Another :-) SDIRA LLC Prohibited Transaction Question
Hi experts,
There is a property I'd like to purchase (for sentimental reasons) to live in in about ~5-8 years. Due to the current high mortgage rates and low rental rates in the area, it will bleed me alive if I purc...
Kelly Flatt
Sell homestead or convert to long term rental?
Hello BP,We are upgrading our personal home and trying to decide whether to sell our current home tax free thanks to homestead or turn it into a long-term rental. Does anyone have a concise formula for this? With no r...
Gabe Sirkin
Loan help!!! No w-2 or previous tax return (student in 16')
Ok, here is my situation. I'm a first year commercial real estate agent and work 100% off commission. No 2016 Tax return because I was a senior in college. No pay stubs or w-2's because I'm 1099 commission. I have 15%...
Dominick Dahmen
Low down payment on commercial property
Does anyone know if there are conventional ways to get a low down payment on commercial property? Or is it all creative like seller carry the down payment etc.?I'm thinking for a 19 unit apartment and possibly mobile ...
J. Mitchell Bernier
Collecting Triple Net Leases
I’m looking at purchasing a commercial property that is under a True Triple Net Lease for two years. I have never dealt with these leases before but understand the concept. My question is how do you collect the I tax ...
Josh Gaddy
Student Housing - Good Deal?
Ok Gurus,
I think I found one.
It is a student housing condo 2 bed and 2 bath with large living area and less than 1 mile from University. It needs carpet cleaning, paint, and stacked washer dryer. i can buy used....
Yacine Rimmo
Last year Tax return no processed vs Lending
Hello BP Community,
I am a long distance rental property investor, living in NYC my portfolio is in PA. Right now in the middle of refinancing and could be able to cash out all money I put in a deal in the same time ...
Damian LaGrange
Vendor take back mortgage in Canada
Hello fellow Canadian investors. I’m trying to structure a vendor take back mortgage. I’m guessing there must be differences in the terms in Canada vs USA. I am planning on 20% down , then a fixed payment based on ...
Andrew Meringoff
Installment sale interest vs. cap gain
Situation:Found a seller who wants to sell but doesn’t want to pay 300k gain all at once.Pure vacation property/second home. Bought for 359k will sell for 659k in this example.Assuming 150k down payment in 2024 50k an...