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Hello All,
I am new to the forum and I am new to the real estate investment business. I have made a few contacts and I have talked to many people about my interest. It seems that the first thing I need to do is get...
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Hey Yall, so Im a new investor in South Jersey and I just created an LLC through the government website and I have my EIN number. What are the next steps i Need to take so Im not taxed as a sole proprietor and that I ...
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Hello Bigger Pockets Community! I have been on the site for a few months now and was hoping to reach out for some advice on a unique CRE opportunity I have come across. I am looking into personally purchasing a sing...
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I have $14,600 available to either pay off a 9% interest rate personal loan or put as a DPymt on our 1st property. Currently our Debt to Income ratio is just over the limit to qualify for an FHA loan. We dont have acc...
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Hello everyone, I busted wanted some advice on purchasing a home while having personal debt. My wife and I do not live in the most desirable part of Newark, NJ and have been wanting to leave in order to purchase a mul...
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I am going to invest on my first flip with a small group of 3 other investors (family/friends). I am wondering how i deal with tax ? Say i make 50k in profits. Do i pay the tax on the 50k and then distribute everyones...
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I recently purchased a rental property for cash with a short term unsecured loan because it was such a good deal(numbers below). I figured since I owned 100% equity in the house and I am only seeking 65% LTV I would h...
Hello BP Colleagues, I am a newbie to the real estate investing business. My goal is to obtain a single family home or duplex in the next 6 months. I am currently researching markets in Baltimore City/County. Where ar...
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Hello everyone,
I’m very new and trying to learn as much as I can. Please go easy on any dumb questions I may ask.
I am closing on a property in a couple weeks that will net me about $12k once it is rehabbed and so...