Hello BP!I own an LLC with a business partner doing residential filps. We are looking into opening up a real estate investment fund to raise private capital. We figured we could save money by opening up investment fun...
Would it necessarily be true that the more deductions you claim on your tax return the less a bank will lend to you because of your lower taxable income?
So therefore, isn't this technically a catch 22 situation wher...
I'm considering a REI strategy centered around buy and hold, cash flow investing in condos.
I would like to hear from the community what the potential pluses and minuses are with such a strategy. I am aware ...
So, I had my consult with Anderson Business Advisors yesterday. They ask a lot about your assets and goals. They definitely didn't force me into any predesigned solutions but took what I was looking for and made recom...
For you "private lenders" what mistakes have you made? I'm wondering if private lenders are 1. willing to disclose mistakes and 2. what they did to correct it, if they did at all.
I just read about private lending, t...
Hey BP Community,We got our first wholesale deal and now are scrambling to find out what to do next. Can anyone here give us any advice as far as where we should go after finding our first deal and how to close the sa...
In the past when I purchased properties with existing tenants all they do is to sign a simple estoppel letter basically acknowledging the lease terms, the security deposits, advanced rents etc...My attorney has alread...
Hello, I am a buyer and I requested that my buyer's agent get the listing agent to send over the selling disclosure for me to review. I looked at the selling disclosure and one of the things on there is that you must ...
My “why” for started in this business is to financially support my daughter college tuition, room and board plus books and other expenses associate with college. Later expands to annual cruise travels and vacation hou...
Hey everyone, i've been analyzing a lot of deals lately and want to get some of your thoughts on this property and my analysis. The Property:2 family property, 864 sqft both units, 1860 yr builtunit 1 is 3 bed 1 bat...