When we set up auto pay for business credit card, should we use 1) personal bank account or 2) business checking account to make a payment from accounting or tax perspective? Which one is preferred or it doesn't matter?
Ok, this is most likely a simple question but I feel I'm putting too much thought into it and would like others thoughts and opinions. What are the pros/cons with going with a equity line on a rental property vs a re...
Here is the deal. We have a small business that is doing OK but my debt pretty much gets buried in the business so my income statement is next to nill. We pretty much buy enough to offset the income so as to grow th...
This might seem esoteric but it has to do with an important investment I have made and I wanted to see if someone could answer my question.I am in Chicago but I am not sure if this is a local thing or not.I am unsure ...
Introduction:
In the world of investment real estate, there are many different ways to finance a fix-n-flip or fix-to-rent project. Those who choose to utilize the benefits of private money know that there are m...
Hi guys,Been lurking on the forums for a few years now, studying and reading while I payoff rash decisions made years ago (credit cards!)I'm a fan of using the BRRR method, in acquiring & keeping rental property f...
Question-if someone sells their primary residence, offering seller financing, but doesn’t start receiving their repayment until 5 years after selling, will this affect their capital gains?
Side not if wondering-Sell...
Hi All, New here and wondering the best way to finance a 3 unit i have my eye on utilizing the over $200k in equity in my home without putting down cash. I was thinking down payment with a HELOC but the repayment term...
Hi BP community! After researching and talking to multiple lenders, I've narrowed my HELOC options down to my top 5. I'd love your help to figure out which one is the best one for me. I'm a bit confused as some lender...
With there being numerous ways for investors to purchase a property, it's important to know some of the some of the more common financing options and their pros and cons. As always when considering which option to go ...