Corey M.
Lending rate for friend's flip
I've helped fund a friend's previous flips. He usually gets a hard money loan, but still needs bridge financing for the down and monthly payments. I've previously charged him between 7-8% interest, but that was over a...
Karen King
I feel like a total idiot! S.Corp set up by Guru company :( 2600$
I am new to bigger pockets, been listening to the podcast for last few months. I just went through forums on LLC and I feel like a total idiot. Here it goes. My husband and I attended a Guru investing tax lien semin...
Mike McKinzie
HELOC
I am mulling over an idea and I would like to hear other's input. For those that don't know, my mother passed away in April and they had a small family trust. I just found out last week that they have an active HELO...
Isabel Anness
How much cash did you need saved to feel comfortable purchasing your first property?
I realize this question is incredibly vague and depends on a whole plethora of factors…In general, what benchmark or criteria did you use to feel financially “comfortable” investing in real estate? I graduated last Ma...
Lee Schram
private money Illinois
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
Erin Butler
Return on money for private money lenders
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...
Matthew (Mateo) McDaniel
NEW to the BRRRR method! Where to start with private money or hard money lenders?
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...
Derek Carroll
find name of llc property owner
trying to find the owner of a property in ny. I see that it's owned by an llc. I then check the state department of corporations website and lookup the llc however it doesnt list the members names so it's not clear ...
Patrick Flanagan
Rental real estate tax benefits
I’m a little cloudy on the specific tax Benifits you get from owning rental real estate. So please correct me if I’m wrong....I bought a 4 plex this year with a VA loan, it’s considered my primary residence. I don’t m...
Uday S.
Beginning investor question
Based on the podcasts, I understand that it's advisable from a Liability point of view to have a LLC for each of the investment properties. But, as a beginning investor, I was told that a new LLC will not qualify for ...