I currently own a note that I am considering to sell a partial on to help me recapitalize. This will be the first time that I would have done this. As I have researched the different methods/approaches, I have come ...
I know that the IRS frowns on running flipping businesses out of your SDIRA. How is private lending viewed by the IRS? Is there a point to where you are considered a Lending business and become subject to UBIT?
I may have stumbled upon a unique opportunity to get a great commercial property with a seller willing to seller finance. If I go this route would I still be able to cash out refi on that property because I want to b...
Hello BP,
I have been trying to identify deals in the Columbia SC market for months now. I started off on the MLS and in the past couple of months I got on a few wholesalers lists. These are the challenges I'm findin...
Today I met with a motivated seller who is about to move out of state for work purposes. Owns his 1/2 duplex with no mortgage. Asking is $80,000 and would be considered retail Asking price being that it's a 1/2 dupl...
When you look properties to buy and hold, what are your deal-breakers? What, if you see/find it, will kill the deal for you?
Does anyone have experience, or have bought a property on Hubzu with it being occupied? I am finding good properties on the site but am very nervous about bidding. First because I cant see it inside and second because...
I've had success with flipping homes. Naturally everyone in my center of influence now wants to throw down $20k++ to get in on the action. This is perfect because I prefer not working with banks (multiple reasons here...
Hi,
So, I just bought a second rental duplex. The structure seems bulletproof, but I wanted to run it by y'all to see if I'm missing something - thanks for any feedback you can offer.
I bought my primary residence ...
Hello everyone,I was wondering if anyone can look at this deal and share some feedback, concerns or questions. I am trying to figure out if the numbers will work and if I should put an offer. I appreciate any help. He...