I am aware of most of the common items of doing a 1031 exchange, but have a question concerning specifics. The question I have is: Can a 1031 exchange be done between family members or does it have to be an arms lengt...
I'm talking to potential sellers in some select zip codes close to Downtown Kansas City, MO. I've targeted areas of town where I'm seeing a lot of flipping activity. Of course, there is the classic MAO formula for who...
writing up my first offer on a seller financing deal. I've analyzed it a million times and I am beyond nervous, but I'm going for it! My biggest obstacle is writing this offer with a good enough incentive for the sell...
Hello BP community:I'm thrilled to be learning from all of you. I'm actually looking to work with someone on my first deal that I'm getting ready to put under contract for a wholesale deal! The property is in and clos...
Borrowed money from a friend for a business.. its under an LLC. Company not making enough money right now to pay him back,, How do I start repaying him back with my own money, then later reimburse myself from the LLC?.
Long time follower of BP. Love all the info and great people willing to lend their expertise. Hope I can contribute as well going forward. Now, my situation. I did SFR construction for 10 years under my fathers co...
Hi all - appreciate your help in advance. While I understand that it is quite easy to get a loan on a 2-4 unit multifamily to an individual, I am having trouble identifying the types of lenders who will loan to an ll...
Thank you all in advance for your responses.Hi all! Thanks for having me. I'm a 32 year old from Boring Oregon who owner operates a small, relatively hands off, online retail business. I've been able to come up with a...
Hello BP,
So I'm living at home still with my mother, my grandfather is getting older and were planning on moving in with him. His house is dated and my mom wants to do renovations before we move in which will cost a...
can I buy out my membership interest in a multimember llc with my self directed ira funds?