All Forum Posts by: Brandon Paul

Thanks. Can show multiple years capital gains.

 Anyone else have banks they recommend for this?

Looking into getting a heloc on a clear primary residence. Home is in fair condition. Taxes show capital gains only. Recommendations for what Banks & Credit Unions to contact? 

Have a LLC and want to buy through it. Do you have to have funds in an business LLC account for the LLC or can you show personal funds and submit to buy in the name of the LLC.

How do you set up your accounts since money goes in and out. Personal to LLC.

Anyone have good suggestions on setting up these accounts and what works best.

CA, in a persons name.

Title Typo: Selling a house: escrow withholding Taxes? required?

And 21 views and no responses!?!

To my knowledge escrow does not need or required to with hold taxes on the gains of a flip.

Does escrow with hold the taxes on the gains?

"I’m receiving more and more of these calls in addition from those who are buying at over 75% of ARV using some pretty severe hard money. Last night at a RE club we met someone who is flipping two houses with two loans each and said she will likely lose money. She shared that regretfully, she wanted to get in so bad, price didn’t matter. I know the room was filled with many like her."

So true. people overbidding daily and losing. but they were so happy they got the "reo" ... i am constantly calculating how much some of these "investors" are losing as i see their property dropping in price and margin diminishing to even and worse negative.

zillow is hit and miss...

not a fan of laminate in the kitchen depends on what area? and goal.

Just curious how the market is for people right now.