Peter McLeod
Real Life Scenario help
I need to play out current sell, refinance, hold scenarios for my current portfolio.I own 2 homes. I bought them 6 and 3 years ago. I’m 31 years old, single. My first and primary residence is a 2/1 worth $230,000 and ...
John H.
Plan to buy first multi family , don’t have hard cash
I plan to buy my first multi family property very soon. The problem is I don’t have hard cash. I How can I get enough cash to buy it? How can I get the lowest interest rate? I have some equity in my current house (es...
Denise Evans
Warning About Improperly Written Alabama Deeds
Thanks to my friend, Alabama tax sales attorney Greg Stanley, who alerted me to this issue. He and his colleagues are seeing a number of improperly written deeds prepared by non-lawyers, that are causing major headach...
Bob Willis
LLC whose only member is my SDIRA buying a property Subject-to - triggering UBIT
Hey All,I have reached to my accountant about this but thought I would ask here to see if anyone has done something similar.An LLC of which I am the manager, and my SDIRA is the only member, is in the process of acqu...
Ally Garcia
Beginner investing: Pay off student loans or buy property?
am 28yrs old in LA working in marketing. Right now I have about $20k in a high yield online savings and money market, and not exactly sure which I should focus on more - paying off student loans, saving to buy a h...
Ronald Wilcots
Feeling the Pressure
(1) Is flipping really worth it or should I try BRRRR?
(2) How do I decide what is the better option?(3) I have no capital can hard money lenders be trusted and is it as dangerous as it sounds?
(4) Should I study f...
Gregory D Coburn
Private loan structure (LOC model)
I am looking for some advice on structuring a private loan. I have an interested party that would like to invest $100k into my business ( I have not yet created a LLC, but plan to). I have discussed some standard te...
Daniel Walton
Flip and Flip Calculator
So after using the Fix and Flip calculator for the first time I realized the calculator asked the purchase price, associated costs and desired profit; however at no point did it ask for my expected tax rate. Anyone fa...
Landon Eskew
Can I roll real estate into an existing business?
I currently have a business of my own that's doing well, non-real estate related, and I've got a few questions starting out:I'm essentially an oilfield service company, can I use pre-tax business profits to invest in ...
Adam Scheetz
Financial Partner on Flip. How much should I set aside for Taxes?
I'm partnering on my first flip with an experienced investor. I'm providing capital in exchange for percentage of sale profit. Following the sale, I should net somewhere around $20,000. I need to know, if he reports t...