Tyler Hasenauer
203 K loan "gifted" down payment and closing
Hey everyone! I'm a first time home buyer and I am looking at a 2 unit house that I would like to house hack. However it is a foreclosure and needs rehabbed so I'm attempting to take the FHA 203 K route. However I don...
Account Closed
LLC Creative Financing
It seems like there are countless ways to find financing for a personal home loan, especially for first time home buyers. What kind of opportunities are there to invest in real estate through an LLC with low money dow...
Jesse Aizenstat
Long-Term "Storage Mode" for Grandmas House
It is with some emotional sorrow that I report that my 96 year old grandmother just can't live in her house anymore with her caregivers. She's had a good life and it will continue at a retirement facility, a few minut...
Scott Long
Valuable property
I have found a gem located in St. Louis, MO!The owner is asking $175,000 because they don't want realtor commission to cut into their profit. They are willing to go down to around $150,000 for a cash buyer. I viewed t...
Steven McPherson
Using real estate agents to find wholesale deals
I am planning on getting my real estate licensed, but until then I have a question. Has anybody partnered with real estate agents to help them find wholesale leads? Are the agents usually cooperative with this? Any...
Jon Pate
Is it possible to dissolve an owner financed mortgage
In this scenario, lets assume the mortgagee and mortgagor are both in agreement and would like to terminate the existing mortgage agreement (rather than pursue foreclosure). Is this even a feasible solution? I could n...
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When is it time.
I have read the majority of the books recommended on BP I have a lot of family that are in real estate that give me advice on what to do and not to. But my question is when is the time to buy something I understand th...
Coleman Nelson
Tax Accountant/Adviser Recommendations
We are looking for recommendations for a good alternative to the tax accountant our company is currently working with. Our accountant has been reliable in completing our company tax returns, but we are looking for som...
Susan O.
I have 8 more days to complete 1031 exchange.
Long story short this should have closed last week, but some crap came up from the bank underwriting. We're basically trying to save about 100k in capital gains tax so this is very important.....I'm on day 172 of 180...
Jonathan Drago
Can my Equity Partner (Father) Invest in my LLC with SDIRA Funds to Flip Homes?
Hello BP World:My equity partner is my father. We are going into business together to flip homes in FL and are looking for some advice. I am setting up an LLC, and he is planning on investing in my LLC as a minority...