Michael Smith
How to handle security deposits
Hey BP,
I'm about to close on my first investment property in the next week or two, and after doing some renovations I plan on renting it out. I know that in the state of Florida landlords are required to put securit...
Daniel Dietz
How to set up loans or partnership with Private Investor looking for tax advantages?
Hello,I am looking for ideas of how to set up either a 'loan method' or a partnership with an individual private investor who has as a couple of his main objectives to 1) reduce his current tax liability, and 2) make ...
Jerome E. Fields
how many different way can you cash out at the setllement table on a purchase that has equity in it
Can I offer a lower price to the owner that is agreed upon and then get a higher mortgage and cash out on the difference?The property has enough equity in it to do so, their are improvements that need to be made?Ho...
Jesus Cordero
What do Lenders look for in, to accept working with you?
Hey everyone! I am just starting out and I want to wholesale but also at the same time look for rental properties. The only thing is, I don't have much credit history (about 7 months of credit history) and I have been...
Mathew Ingraham
Multi Unit Opportunity
Hello
I have a unique opportunity to use capital and equity from an investor to purchase a multi unit property and rent out a portion of it to my self and or a tenant while using the other portion as a vacation renta...
Brian Salazar
Is it common for an attorney to assign themself as the grantor
I’m currently working with an attorney that was referred to me to set up a trust. Though I will be set up as the trustee, the attorney is going to set himself up as the grantor. Is this common, or are there risks or c...
Kari Morales
Cash out refi or HELOC?
I have been trying to buy an investment property for several months now, unfortunately each time I place an offer, I am beat by an all cash offer. I currently own a rental property that has appreciated about $500K sin...
Charisse Patterson
Self Directed IRA Information
Hi, does anyone know anything about self directed IRAs? Is it a a good, creative method to start funding for a newbie investor?
Michael Wallimann
10% Down on Commercial Real Estate
Hello everyone! I am currently looking to purchase a commercial / mixed use building but a majority of my funds are tied up in closing on two other properties. I am really trying to only pay 10-15% down so I can leave...
Justin Sumulong
BRRRR'ing in your Solo-401k
I am considering using the funds in my solo-401k to do a BRRRR.
First question, I guess, is what are thoughts on this? Good or bad idea?
I've ran through the process and I think the most important thing is not comm...