Perry L.
how to treat profit from equity share for income tax purpose?
Hello, fellow private lenders:
How do you treat the profit split at the back end? My broker said it would be treated as interest income. That means I have to pay additional 3.8% net investment income this year. If I ...
Faiz Khan
Bank Owned Properties
Hi, I have stopped getting responses from the BP. I don't know what I am doing wrong. I had a question, how can a bank help in finding properties, such bank owned or maybe even a list. I have a friend who works in ...
Douglas Hogue
I have a property and want to use the BRRR strategy but how?
I have a portfolio I purchased in 8/20. I’m looking to Cash out Refinance..... The portfolio consists of 2 multi Family and 3 Single Family homes. Out of the 5 properties only 1 of the Single family homes is currently...
Jake Hardin
Kansas City Investors/mentors
Hey Bigger Pockets! My name is Jake, I just got back to the Kansas City area after having success flipping under a mentor up in Oregon. I am in the process of getting my own license, so I'm essentially looking for peo...
Joseph Ret
Tenant evictions during covid 2021
I am currently having problem with a tenant who is not moving out of my property. I have already filed lawsuits for the back rent and eviction. I also have ended her tenancy back in February, however, they are taking ...
James Kavanagh
Commercial Development Investment Structure
I run a youth soccer business and we are in the process of purchasing a commercial property which we would like to convert into a soccer facility. Currently we are a little short on the equity for the deal and we like...
Jay Smith
Seeking Extra Investment Capital
Hello there BP family. I read, I watch and I learn a lot from the resources both on this platform and at meet ups. However, I need advice badly! I have a question about how to be creative with this situation I’m in. I...
Solomon Morris
Second VA loan acquired home
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $223,000
Cash invested: $12,000
Another property acquired with VA approved financing! 4/3 SFH for 0% Down and minim...
Hillary Buckingham
Can you contract for deed an existing mortgage?
Hello everyone! My Husband and I found a nice duplex which I'm interested in purchasing. Problem is we are in the process of obtaining a mortgage loan so our credit is currently being used for another purchase. I was ...
Eric Klein
80% LTV Refinace on Commercial Property
Does anyone know of an institution who will go to 80% LTV on a commercial investment property? We purchased the property with a private loan but need to refinance before ballon payment hits. The property has appreciat...