Jaime Aispuro
New to Real Estate
I am writing to introduce myself as a new member of the real estate community. Having recently embarked on my journey in learning the real estate industry, I am eager to learn, grow, and contribute to our community.
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Jared Standiford
Partnership on Fix n Flip deal
Hello All,I have a question concerning a possible fix and flip deal that I may be involved in. I am working with an experienced fix n flipper who has over 50 flip deals. He picked up a house local to me and I pitche...
Jonathan McGarrity
How to Structure a Partnership
Hi all,
I am new to real estate and excited to get started down this path. I am planning to begin a partnership with two other parties. One person will be contributing mostly capital and research while the other two ...
Earl Jornales
LendingClub to the rescue or nah?
So if I got an IRA and set that up with the max contribution for the year, would lenders be able to consider the money in that IRA as the necessary requirement of having 3 times the mortgage value post-closing? I don...
Troy Epps
My First Post! (Introductory)
Hi everyone! I am part of a new family-owned investment company. We made our first purchase in September 2023, a rental property averaging about $3k in monthly revenue so far. Our second property was booked for 3 mont...
Chris Harwood
1031X investment property into a partnership LLC property
I have an investment property worth $500K with a $150K mortgage.
Plan to 1031X into a $1M property with a partner. Partner would bring $500K cash and thus own 50%.
1. Is this type of 1031 into partnership (LLC) pos...
Justin K.
Cash in Roth IRA and 401k
Can someone walk me through this and give me some guidance on the best way I can use my money instead of letting it sit in the stock market?Called my Edward Jones guy today and long story short told him I'm not invest...
Jason Dingman
Starting LLC, family member to invest
Hi all,
I just joined BP after spending many hours reading through the wealth of information on this site. I am looking to get started in REI with a 2-4 family rental. I am fortunate to be in a situation to ...
N Modi
Financing question for rehab property
I am looking to purchase rehab property in NJ. Property has five apartments, retail stores at ground level as well as separate small warehouse/office. Asking price range is around 500k.
Property requires rehab prior...
Peter Lim
Finance Tax questions
Hi BP Family,Couple questions to get my head wrapped straight.1. I intend to purchase a property using an LLC so I would have to collect funds and put them into that LLC.2. I have funds from real estate activities/re...