Donald Hendricks
To buy at retail price with VA loan or not.....?
Mulling over my options, I have my VA benefit sitting there unused. If I use this, I would have to use it on something at retail price, as most all of the wholesale deals need work and would not qualify. Also, I ...
Daniel L.
Effective Use of Friendly Options in Lieu of Other Controlled Equity Stripping Strategies
I intend to acquire a LOT of seller financed properties as a result of some of my marketing campaigns.I want my nuclear family, future children, and charitable cause to enjoy/benefit from the properties I amass.Le...
Robert Gailie
1031 exchange or tax deferring?
Hello all! I am going to sign contracts on my first flip on tuesday. We did well and made big profits and the experience was incredible. Now I want to avoid paying taxes if possible. Do any of you more experienced fli...
Horacio Gutierrez
How does a ARM 5/1 loan work
In a 5/1 ARM loan can the bank agree to a higher fixed interest rate for a 30 years mortgage when the 5/1 ARM loan is setup or do you have to wait after 5th year and then you will need to refinance into 30 year fixed ...
Jacob Mallison
As a realtor, how do you approach Retirement and Tax Planning?
I see a common trend among realtor's:Real Estate brokerages do not offer 401(k)/IRA programs, thus the responsibility of retirement planning falls entirely upon the realtor.Unlike more traditional employers, realtor's...
Kyle Fitzpatrick
House Hacking using FHA loans
I want to house hack a quadplex preferably using an FHA 3% down residential loan . However, this would leave me personally liable for lawsuits without using an LLC (which I have). What is the best strategy in this sit...
Craig Shrimpton
How exactly are we helping the distressed seller?
All,Please help me get my head around a basic principle.One of the basic points in buying for cash from distressed owners is the investor is somehow helping them. I'm trying to figure out exactly how.For example: You ...
Joel Douglass
Looking for Advice on Structuring a Deal
BP Family - long story short, I am working on trying to structure a deal on a 25 unit mobile home property. It's not a mobile home park. Each mobile home is on it's own separate piece of deeded land. The property is ...
Michael Harris
Free & Clear downtown rental property- How to scale up?
Hey everyone,
I inherited a great home (3/1.5) owned by the family since 1930 in a popular downtown area about 6 years ago. I have ran it as an STR through Evolve (with no great STR knowledge) and didn't clear more ...
Ronald P.
Taxes and wholesaling (LLC or not)
Hey all,
As I step forward into my first deal different things are coming into my head and this time it's taxes. I am pretty ignorant when it comes to this topic because I never had any real world experience yet.Let'...