All Forum Posts by: James Holmes

I was curious to see points of view on selecting a 7/6 ARM or a 30 year fixed in today's current market. I have read up on the pros and cons but I am really looking to get the experience of people from this platform.

I was also looking for the biggerPockets discount code. Would you be able to PM me the code as well?

@Sandra McEwan and again, more stuff I did not even think about considering! Thank you for bringing these point up!

@Allan C. All things I did not know to consider. I only know what I know and I don't know what I dont know! Haha. I think I may have to chat with one of those tax strat gurus 

@Benjamin Aaker this is a good POV and thank you for sharing! My ultimate goal is scaling. It's certainly something that I have been teetering back on forth on. To start LLC and purchase from that or buy in my name then transfer to LLC without setting off "due clause".

@John Mason this is good to know as I have no doubt that capital will eventually be something I have to get creative about raising!  Thank you 

@Fulton Sanchez I appreciate the educations you've shared. I didn't even realize the an LLC is also considered "disregarded". May seem like a no-brained to some but it's new to me. This forum has certainly elevated my networking and has helped me to create a team of people that are helping with my first REI. Fingers crossed that it happens in the next month or two!

@Ashish Acharya  great info and thank you Ashish! I'm excited to grow my knowledge and even more excited to snag this first deal!!

This is some good insight! I've reached to out a few tax/attorney to get a grip on options. Greatly appreciate your insights!

Hi Matthew, 

I am going to look into this. sounds promising! Thank You!