Hello, everyone. I have a family member willing to loan me a small sum (30k) to put toward my real estate start-up. Short background...I purchased my first home approximately 1 year ago utilizing a VA loan with the in...
Hello, so I am writing today because I was asked for a loan since they are short $1000 of deposit money for an apartment they are moving into. I’ve searched topics on here and online as well but most of the things I’v...
Random question:What is it called when someone pieces together a deal on a big apartment complex, gets investors together to purchase it, and they get a share of profits without investing any money? Is there even a na...
Im in the process of searching to buy my first property... This will be an investment property (apartment)Im told by friends that its best to buy as a "first time home buyer" instead of setting up an LLC and buying as...
Hello everyone,I know this was asked a while ago, but I want opinions.I have to move out of my current living situation soon, and would like to house hack a MFH property.I would do a FHA loan, but the problem is that ...
To get started in real estate investing, I am creating an LLC. In order to start, I will need to give my "LLC" self some money from my "personal" self for down payments, rehab costs, etc. I would like to eventually ...
Hi BP community, I am new to the real estate investing world. Currently in the research stage and looking to buy my first property this year. I’d like to get myself into a duplex here in central NY and house hack for ...
Hi,Legally, are you required to have a separate bank account for security deposits? If your bank has a minimum balance is it alright to put personal money in the account when you don’t have security deposit money in t...
I am working with an attorney to setup my first LLC. Since this is my first business, I'm trying to figure out how to handle the expenses when the 2019 tax season begins. Since I had to start the LLC with my own perso...
I have been investing with 2 sets of partners for years. The structure is I loan the money to the LLC and collect interest on the money every month(interest only loan).In the past I have had escrow record a note again...