Brandon Schlichter
Is this a good strategy?
Hi all , I'd post and find some insight on what i'm doing in my venture into REI.
First off , I've been a real estate agent for a year now, which really helps me locate good deals, and also gives me a % discount on w...
Kyle Collette
Securities Backed Line of Credit (Pledged Asset Line)
Hey BP Community,Question for you all: Looking to open a Line of Credit (called a Pledged Asset Line by Charles Schwab) against my brokerage investment accounts. Does anyone have any experience with this? I opened a H...
Bruce McNeil
Need advice on this situation!!!!!!!!!
My mother has (2) houses FREE & CLEAR in her name. Her credit is not the best and I'm in the long process of cleaning my credit up to. I need advise on how we can get the equity in the houses to acquire other pro...
Chris Seveney
Interest Rates & Seller Financing
Recently I have received emails from note investors whose primary focus is on acquiring owner carried paper. A significant amount of the loans that made there way to me were underwritten at 5-6% interest rates (at a t...
John Mathewson
Credit Card for Material
Curious to know what all everyone is using. Do you use a credit card to help run your rehab projects and if so what card do you use? Is it a personal card or a business card?
Gregory Wesley
Which loan is best?
I'm currently finishing up a rehab and my partners and I want to keep the home. We own the home free and clear. Our hope is we can rent the home and tap into the equity to use on another project. The home value is ~$2...
Andrew Boykins
Lending for Tax Break
I am a part time real estate investor who does buy, rehab, refinance, rent. I have a bit of an odd question I haven't been able to figure out. I have someone looking to invest but they are more interested in a tax b...
Jackson Pollack
LLC vs. S Corp with $10 million in profit
I know there's a lot of information out there about the differences of S Corp vs. LLC vs. C Corp, but I have a specific hypothetical scenario that I would like to seek others' opinion on as to which entity type would ...
Jimmy Rojas
Advice applying for a home mortgage with 1099 forms but no tax returns
Planning to purchase in Phx,Az and surrounding areas, my equifax score is 700, experian 645,no debt whatsoever, have 1099 for 2022 and 2023 (required 2yrs), on my 1099s it says i make 135k per year, do not have tax re...
Eric Palomino
Cash out Refinance or Home equity line of credit
I am a new real estate investor working on obtaining my third multiunit. I have been purchasing my units in Chicago and the Chicagoland area. I wanted to see if anyone has experience using a cash out refinance and a ...