If a partner in a partnership wanted out, would the partnership file a final year return and then convert the LLC to an S-corp or would filing a final year return cause the ein to terminate and the partnership would n...
I have an opportunity to by a 6-unit property for $300K with a $240k Commercial loan and a Seller carry back of $60K at a 6% interest rate with a 5-year balloon. Carry back would be interest only payments for the 5 ye...
Looking at some homes and the seller is offering to sell on land contract. Something like 5 years, 7% with a balloon payment.
Do sellers expect to have the loan amortized like a bank where it's front loaded with int...
Hello all! My name is Adrian and I'm a real estate agent/REALTOR in the Austin, Texas area. I'm interested in learning more about real estate investing, specifically fixer-uppers. I recently became a REALTOR after spe...
Hello fellow investors,
I have >500k commercial loans with a local commercial bank, on 7 different properties (single family houses) upstate NY, from 7.25% to 8.75% on 10 years fixed rates. I feel the rates are ve...
I'm looking to seek advice from you professional investor, lenders, etc. I live in Maryland and I do my real estate investing in Pittsburgh, you may ask your self why? Well the reason being is I'm from Pittsburgh, and...
Hello. Generally speaking, are profits earned within an LLC and either held or reinvested (within the same LLC) subject to taxation? What about where the profits are applied for use in a different LLC. I presume if...
Hello,I'm and Veteran and looking to use my VA loan to purchase a home for my family. Originally looking at new constructions and something 3k square ft or larger. Recently, I learned of the VA loan inclusion of mul...
Im very new to real estate and trying my best to learn and seek advice. From what im gathering and have through life in general is that everything is a business and everyone is looking out for whats in THEIR best int...
Hello, Big pocketers - I'm new to BP and Real estate investing. I'm from the SF bay area. I purchased my primary home 9 years ago and I think I’m ready to try REI.
I love to connect the members and join meetups (o...