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Wondering if it’s possible to use a Amex personal loan for a down payment on a HML. I’m able to secure this loan at 0% for 3 years. (SCRA benefits). Let me know your thoughts?
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I have run the numbers on this concept and it seems like it could be a solid option for vacation rentals. The idea is you get 5 buyers to put 20% cash in, which seems like you would make less but when you account for...
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If you hire a contractor who is bonded and insured through a policy issued by a local insurance agency, what is covered?..... in the instance that money was drawn during phase 2 and less than a month later the contra...
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I found a great article here: http://www.propertyinvestmentproject.co.uk/blog/using-a-company-to-save-tax-on-rental-income/ (hope I can post links, not my content)
But it is only relevant to the UK. Is there such a g...
Hello everyone. I am a beginner in the real estate world and have been reading up and watching videos to educate myself. I am looking to start taking action once I have the money to start doing so (flipping, investi...
Hey Bigger Pockets family, my name's Chuck, I have often come to you with questions and/or advice, and I have never been disappointed.What I'd like to ask is about buying rental properties......I have the opportunity ...
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This is my forum post. Over the last year I have purchased via traditional financing, rehabbed, and successfully rented out several properties. While these properties are owned by me personally my LLC manages them… ...
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Anyone flipping houses in another state than the one they live in or flipping properties of significant distance from their house. Atleast a 5 hour drive. How are you doing it? How's it working out for you so far?
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I hate reading . I love doing. So I have had to step back. Sit down and read my head off. But I now can see that I can increase my ability to choose the correct step when the time comes to take one.
As for wh...
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Hi BP,
I am planning to partner up with a friend and purchasing properties under a co-managed LLC but have no knowledge if there are any tax issues or is it just the same as for the LLC my wife and I share and have 1...