As title says. What's the benefit of purchasing as an LLC vs individual and vice versa? Also if you purchase a home through an LLC, are you still possible to purchase a home as an individual using FHA?
You are offered the opportunity to develop a 400,000 SF warehouse facility for General Foods in suburban Baltimore. Attracted by your expertise as a local warehouse developer, General Foods has offered to sign a tr...
Looking for some advice on how I should treat this situation when I file my taxes this year.I bought a piece of property a few years ago and replatted it and split it into 2 (not equal amounts). Lot A, the main lot, w...
I am hearing that it is a good idea to setup an LLC for Real Estate Investing. Does BP has tools for creating or should one go to an attorney and/or CPA to create?
All opinions and/or comments are welcomed.
Hi BP Fam -
I want to get pre-approved to buy an investment property out of state. I contacted my local credit union and they suggested that I find a lender in the area that I am interested in investing. I am inte...
Ok, next installment of help me understand: HUD, particularly www.hudhomestore.com.First, is it a good place to get good deals? It seems safer than a foreclosure. Is it?Second, why are the eligible bidders sometimes l...
Hello BP Community! I signed up for BP a while back but never took the time to write a proper intro yet! First off @Joshua Dorkin and @Brandon Turner thank you for the amazing podcast! It keeps me very entertained all...
Investment Info:
Single-family residence buy & hold investment in Rochester.
Purchase price: $153,000
Cash invested: $30,600
I bought this 4 bedroom, 2 bath, 2 car garage single-family home in 20...
"Section 8 of RESPA prohibits anyone from giving or accepting a fee, kickback or anything of value in exchange for referrals of settlement service business involving a federally related mortgage loan. In addition, RES...
I bought a home in 2020 in a popular market. As a result of appreciation (both natural and forced), I will be able to pull out 30-50k when I refinance. I’m a consultant. My prior contract work had me embedded as a w2...