As I understand it a bank will loan 80% to the investor directly, and then the seller takes out a 20% loan to finish off the remaining amount the investor couldn't muster up. Is this correct, and if so how would th...
Guys,
I have been thinking about taxes lately and have come to realize that they will hit me very hard if I do not proactively find a solution. I trade the markets with with few expenses to deduct and will be in the ...
I was driving through Salt Lake City yesterday and couldn’t help but notice so many of the FOR LEASE signs plastered on all of the commercial office buildings lining the main highway. Most of these high-rise office bu...
Do you call yourself a real estate investor or a real estate entrepreneur? If you consider yourself both, do you prefer using one term over the other?
I'm just curious about what BP members call themselves ...
Hello all I have been reading through many posts on here, watching YouTube etc. I am most interested in finding some people local to get ahold of to pick their brains/ learn from them. I own a house (NW Indiana) that ...
About 2 years ago, a friend here in the Seattle area contacted me through a financial investment group. He told me about High Return Real Estate company. It was supposedly an all inclusive real estate sales of renta...
Anyone who listens to the podcasts and or researches the recommended reading for Real Estate Investing, Rich Dad/Poor Dad is at the top. Currently I have been listening to it and I have to say, I wish I had listene...
Hello everyone!
I am no stranger to BiggerPockets, however I am a new member. I've been trolling the internet for a year or so now, studying real estate from most angles. I've dug into flipping, wholesaling, renting ...
Hi,I need some help in figuring out what my best course of action will be , given the following situation.....I am looking to Get the Equity out of my Primary come the first of July ( about 3 - 4 weeks from now ).I ha...
At what point is it determined, in the eyes of the IRS, how to tax a flip? For example, if we buy a property with or without the intent of renting it out, and after rehab we place a tenant in the unit, can we sell it ...