Gary Alford
How do you pay yourself?
Alright BP I love business discussions and I have what I feel is a good question for you that popped in my head while listening to one of the podcast earlier that I want to get your take on. How do you pay yourselve...
Michael Plaks
Refinanced interest - is it tax-deductible?
This post is meant for my accounting colleagues - an invitation to debate, basically.Let's consider scenarios.1. (clear) You buy a rental with a $100k loan. Two years later, you refi into a new $100k loan with better ...
Edison Reis
Refinancing dilemma .. Payoff HELOC or Use it to buy another one?
Dear folksWe have 3 Properties that we acquired using our HELOC As the down payment few years ago.One of the mortgages is coming up for renewal and considering the property value went up about 70% in 3years I am plann...
Nate Smith
Is United Arab Capital Partners a scam?
I have been working on a few different loans with them. They said we are all good to go. They have not asked for any money up front. That would have been my first hint they were a scam. It came down to transferring fu...
Rich Hupper
Buying a Multi Family in New England
Hi fellow investorsMy goal is to buy a 2 or 3 unit multi family live in one unit and rent out / manage the others. The problem is the cheapest 2 family in my area is 150k. I have only 10k saved and because I am a rece...
Duane Hundley
Rent Allocation For A Property
I purchased a 2br 1b home and have a renter in place to move in Sept. Please help me break down where the income from the property should be put? Here are the numbers.
Purchase Price
$22,000
Loan amount (purchased...
Troy Sheets
JV FLIP, TIC, TAXES, LOAN OPTIONS...whew!!!
A fellow BP member and myself are going to partner on a flip, he's providing financing, I found the deal and will manage all aspects beginning to end. It's a 60/40 profit split, 60 to him.
Purchase price is...
Michael Pilolla
Problem Solvers Welcomed - To Buy Triplex of Not?
*** To Buy Triplex OR Not?*** Hi BiggerPockets Peeps,
It's been a while since I've reached out. Hoping to get the incredible help I've usually gotten from this incredibly awesome community!
There’s a triplex on the ...
Tiia Hyrske
REIT Loan @ 12% Guaranteed - 1 Year
Investment Info:
Other private money loan investment.
Cash invested: $50,000
REIT Loan @ 12%
Timothy W.
Obama witholding data on Cash for Clunkers while pressing Congress for more money
Isn't this surprising out of a Chicago politician? The administration refuses to release data on the "success" of the program, but is telling congress it needs more funding.
I don't know about yo...