I have an investor sending me properties everyday in my inbox. They are rentals with property manager and tenants already in place paying rent. One of the houses is selling for $25,000 that is rented at $650 per month...
Is it possible to structure a deal with seller financing and then do a 1031 exchange into a 721 exchange? The background of the deal is that the buyer desires a low down payment and prefers seller financing. The selle...
Hello all,
I have a couple of questions regarding the analysis in a percentage change of ownership and I'm hoping to get some insights from the group.
I own a commercial, free standing building with a partner. We'r...
Hello BP nation!I would like to start by saying how grateful I am to have a platform such as this to be able to share ideas and learn from! There is so much information available to us these days it can be overwhelmin...
I'm a salaried employee for my company and have a standard w-2 for the majority of my income but in the last year i've started doing things on the side like the occasional wholesale deal or some remodeling work, both ...
Hello, BP. When you are going to refinance your property. I believe 1 of the requirements are "cash reserves" to cover 6 months to 12 months of funds to cover the mortgage. Instead of having cash, can a person use Cre...
Hello I am getting into realestate investing with my husband and we are looking to grow our team. Looking for a CPA specialized in reastate investing, lawyer for tax strategies, asset protection, and necessary contra...
My brother just lost his job and I want to ask him to roll over his 401k into real state with me. How can I ask him without sounding dumb? All of my brothers think I’m crazy investing into real state.
Hi everyone,My wife and I are self-employed and finding it difficult to qualify for traditional financing. Imposible actually. I stumbled up bank statement loans and just spoke with a loan officer for an hour asking a...
The importance of a good team is mentioned over and over again. The reasoning behind it makes total sense. For a first time investor when is the best time to bring on those team members? Our goal is to initially do...