So I finally have the second rental unit. I did a live-in flip, house-hacking a double on VA 0% down loan, etc. Knocked it out of the park, now moved into a new primary home, keeping the double for rentals. Question i...
Hoping someone out there has done this. My insurance agent shared with me that if my personal insurance policy is used as a loan for a business expense, the interest on the loan is tax deductible.In my case I want to ...
Hi EveryoneAnother question I have is whether or not to incorporate/holding company etc. I now own 5 rental properties that are in my personal name. I’m a buy and hold type of person. I also leave all the cash flow fu...
This is the first time I have seen a bank as the personal representative. Why in the world would anyone appoint a bank to rep an estate? Maybe if it’s a big $$$ estate but that is not the case here. Estate Value i...
I want to start wholesaling in the next few months and I was wondering where I should purchase my LLC? Also how much do they usually cost?
Looking to help a person who has a loan that went in foreclosure where they have about $50k principal and interest due PLUS about $25K Deferred principle, plus other costs which make it add up to about FMV of the prop...
Does anyone work with a private money lender they can recommend in Illinois? Not HARD MONEY lender, strictly private money lender who doesnt charge the high interest rate and the points?Thank you
This is a concept that confuses me, so I'll ask the community.
Obviously- if you have private money on your side, that'll add rocket fuel to your buisness. Here's my question, how does return on investment work for...
I'm not sure where to start with private money or hard money lending when it comes to covering rehab costs on a rental property that we already own. To add more context, we have owned this particular property free cle...
Have some of you read this book? Is there new unique methods that we should know that aren’t discussed on Bigger Pockets? I’d appreciate comments or brief review. I’d love to think there WAS a (Profitable) lazy way...