Hi everyone!Newbie here. Please be kind. I’ve recently formed an LLC with a partner to flip houses. We’ve purchased our first property and the project is underway. I’m a CPA (originally an auditor, now in consulting),...
Please note, I have re posted this question here since it is a finance question.I would appreciate any advice that someone can provide on what my best rout might be for financing a flip. The issue that I have is that ...
How can i do this??????
I need to build a balance sheet for my properties. What I have so far... Assets, cash and the properties. Liabilities, balances owed on properties, credit cards and lines of credit. Am I missing anything there? Also, ...
New investor here. What's the best way to save and organize digital receipts and to snapshot paper receipts? is there a good phone app? or software to use? TIA
Hi BP,
We have finally been able to set back some money for a small down payment. We are currently renting a home and want to buy our first investment property.
I have been listening to several BP podc...
I been looking into personal lines of credit and business lines of credit.. I have read that people use this method for 20% down payments on properties and other things such as funding for their flips and other projec...
I was reading today about this initiative from the city government in #Indianapolis.
"A city proposal to require tracking of municipal and commercial energy use has the potential to help city government, private bui...
I'm new to the industry but eager to get going with networking and learning ways to attract individuals or businesses who are open to becoming private lenders. Any suggestions are welcomed.
I was just told no by my lender on a 4-plex because it doesn't meet the "self-sufficiency" test for a FHA loan. Apparently, 3/4ths of the rents need to pay the mortgage. I think this is a great rule, to protect people...