BP- Here is my opportunity. I have been able to attract a $1 million investment from a private source into my newly formed LLC. The terms are that I pay 5% interest per year and have to pay the $1 million back in 7 y...
Good evening bigger pockets members. I just sold the first rental property that I ever bought. I saw several forum posts about buying your first rental property, but I did not see any about selling your first rental p...
I met with a small local bank this week working to refi some SFH rentals that are paid for in cash. This banker told me that some report he gets just came out and said that SFH rental properties are one of the worst ...
Hello,I am new to real estate investing and decided to go with Easy Street Capital as our lender for the DSCR loan.They already ran out credit and we went under contract on a property after getting the pre-qualificati...
First off, I spoke with my CPA regarding an LLC and I'm wondering if she is correct regarding the taxes on an LLC. She stated that if I were to buy and sell a property under an LLC that the entire gross amount would ...
My neighbor who is listing his home with a local realtor told me "pick any other brokerage firm as long as it's not Redfin. They don't have the connections to sell your home at as good of a price." I'm a bit skeptic...
I have $200,000 and I want to turn it into a passive income.Since it's my first time in the real estate world, what would you recommend to be the best way to start and the best thing to do in my situation?
Greetings, forum. I'm peeking over the fence to see what all the fuss is about. One aspect I'm reading about is how notes are hard work, entail lots of phone calls, and feels like an being an administrative assistant,...
A brief synopsis about myself, and my current business... I am 32 years old and one of two partners in a (mostly) residential building amd remodeling company that is in its 4th/5th year into its life. We have been suc...
I am currently moving back to California after four years in the Marine Corps and only want to live there for a bit because I want to start investing into real estate and I want to do that specifically in Texas. Just ...