I have a S Corp setup to manage my real estate brokerage revenues and I intend to use this entity to track my flip business as well. However, I am told several times that lender will not finance if I use the entity n...
I'm reading a book and the author mentions the primary residence capital gains exclusion. Either it is worded weird or he is just flat out wrong. The book states that you can live in a house for 2 years and rent it fo...
Reassessing my RE Inv i realize that I mayn't be having a sound plan. All my RE inv is in DC suburbs. While there was some appreciation in early 14, after that it got stagnated. and given the price levels, it mayn't a...
Hi, I have the opportunity to build a fund with $2M from friends to invest in Real Estate. Mostly in Fix and flips. My plan was to suggest these numbers:1. A fee of $8K to manage the operation.2. 30% of the profits go...
Hello BP family, I’m looking to buy a duplex using seller financing for the duration of the rehab which I would pay for in cash, then refinance to pay off seller. However, the due on sale clause poses risk of foreclos...
BP Investors,For those leveraging property management what’s the number one thing you can’t live without that your PM provides for your business?What’s the one thing you wish your PM did offer?Love to hear some discus...
Hello all!
I wanted to get some different opinions on how I can go about to fund a rehab.
Context:
My parents were generous enough to sell me their house with a large amount of equity. We recently closed on the pro...
Hi Everyone,After countless of hours of research, video, biggerPocket podcast I bought my first home a year ago with the idea of refinancing to tap into equity to buy a second investment home (with the goal of renting...
Hey everyone I’m in process to close on two duplexes in corry which is like half hour away from Erie anyone know any property management that can take over these two units ? thank you
I'm ready to buy my next investment property (most likely a multifamily). My plan is to do a cash out refi on one of my properties and use that to put 20% down on this next property. I might also take out a HELOC on a...