Tom Perry
Fannie Mae properties
Can a Buyer have more than one active submitted offers on more than one property at the same time?
MJ Logan
hanging a license in prescott
A family member has an inactive real estate license in Arizona and looking for a broker in the Prescott area to hang their license. At this time we are only interested in using the license to purchase a home so I am ...
Joe Arida
Double close vs assignment taxes?
Hi everyone! I'm wondering what the differences would be between a double close vs contract assignment when tax time comes? As far as I can tell for contract assignment it would be income tax + self employment tax. Fo...
Andrew Yu
Expensive Termite Repair Required Before Closing
Buyer is using USDA loan. Appraisal was done already. We were moving towards the closing of the loan, but the government got shut down... Got an expensive termite & crawl space repair needing to be done before clo...
Account Closed
Reducing capital requirements - reduce construction expenses
Sounds counter intuitive, but how can you keep your seed capital requirements low through efficiency improvement/scale? What do you feel is the best way to keep your construction or remodeling costs down when you are ...
Robert Miller
How do you Determine "As Is" value of a Property?
Not sure if this is the right place for this post.If not,moderators please move it to the proper forum.Ok I have a HML that only lends on the As Is value of the property,they don`t use the ARV.So my question is How do...
Jason Pham
California residents investing out of state, LLC, DST, etc?
Hello fellow investors. I am a California resident investing in Charlotte NC. I have a several SFRs and in the early stages working with a GC to build some new homes in the near future.I've been operating my business ...
James McGovern
Filing Taxes as a Flipper?
I have ran across individuals who flip houses and am curious as to what techniques they use for tax filings when they are not incorporated under an LLC or S corporation? When an individual purchases a property, how do...
Sean Kindelin
Multiple Properties vs One Large Property
Hello all,
This is my first post so I apologized if it is in the wrong place.
I am looking at two different deals, both are for multiple duplexes. One is an entire complex made of 11 duplexes and 1 5-plex all on one...
Brad Jacobson
The Tax and Legal Side of Renatus
Hi BP Network,I'm new to the RE world but have really caught the fire. I've started house hacking and I'm currently working on my first flip. I adore BP.Recently I was approached by a long-time Renatus member. He r...