Mark S.
Max Number of W-4 Allowances
What is the maximum number of allowances someone can take on their W-4? I've read articles that pretty much say between 0 and 4 depending on filing status, children, other jobs, etc. After completing a worksheet at ...
Simcha Davidman
Residential vs. non-residential mortgage
I recently got pre-qualified (waiting for the pre-approval letter any day now) for a mortgage on a residential property. The broker asked whether this would be for my residence or investment, and I told him it's an i...
Jimmy Nguyen
Seller Financing a Spec Home
I am thinking of ways to create passive income from new construction. One option is to build new rentals. However, I was bouncing around the idea of doing seller financing as the spec home builder/owner. If my futu...
Henry Lazerow
Why 2-4's have not fallen with rate increases and why they won't!
Lately, many 2-4 unit clients understandably ask me why prices are still going up with rate increases. I have sold 40 million seen a lot of 2-4's in Chicago and the answer is simple, supply has more impact in this nic...
Michael Westberry
Overview of my first week of wholesaling
Last friday was my first call from my marketing campaign. This week I have received around 30 calls in all. I wanted to talk about the things I am doing right and things I need to improve on.Improvements needed Good n...
Account Closed
Anyone still owner financing for buyers that want to occupy?
I am just curious to see if anyone is still taking notes on properties when a tenant buyer wants to move in. Or lease option, land contract etc. If so what steps are you taking with the Dodd Frank law coming into ...
Gavin Tam
Any LP investors on here?
I'm looking into investing in syndication deals and I wanted to see if there are any experienced passive investors on BP that would be willing to chat. PM me if you'd be interested in connecting.
Carol D.
I need marketing ideas
All my houses rent immediately from putting a sign in the front yard... except one! The reason is - That house is out of it's market area, so people driving by are looking for lower priced rentals. I may need to ...
Erika Reed
Due Diligence Hindered by Late Loan Documents
Hello BP!I am really hoping you can help me. I have been working with a turnkey provider for the last month trying to get a deal together. I had selected a property, gotten approved for a specialty loan (I have no i...
Ryan H.
Single Member LLC: Self Charged Interest to Reduce SE Tax?
Questions: (1) May the owner of a single member LLC loan money to the company and charge the company interest for the loan? (2) If so, is the interest paid by the company a deductible expense to the company reporte...