9 May 2020 | 4 replies
Should I put the LLC on the title or the individual names of each partner?
8 May 2020 | 2 replies
if you use commercial loan there are no limits other than what the individual bank will do. the loan limit is a Fannie Mae rule, it's 10 total and most banks have a 4 limit overlay. none of this applies to commercial loans, but as I said above, all banks are different so you need to find the one that wants to fund the strategy you're trying to put together.
8 May 2020 | 2 replies
I'm new to the board and I apologize if this topic has been discussed numerous times before.
8 May 2020 | 3 replies
@Sarah Stamper I as well Sarah, looking forward to forming a strong team with like minded individuals in my area
10 May 2020 | 17 replies
Putting them each in individual LLCs is a banking/accounting/paperwork nightmare.
8 May 2020 | 0 replies
The value I add to the deal is my expertise and experience in structuring the loan based on client's individual qualifications such as credit score, income, assets, experience and character.
8 May 2020 | 4 replies
One very neat feature of BP is the ability to go to an individual providers profile and look at their references.
11 June 2020 | 11 replies
Thanks in advance.The best way to proceed would be cash out refi on each individual property.
9 May 2020 | 2 replies
It all started with rich dad poor dad, since then I’ve consumed numerous hours of BiggerPockets Podcast & Get Rich Education.
11 May 2020 | 10 replies
Kinda weird that for 2018 taxes I had 7-8 K-1 partnerships and the QBI with multiple columns thing didn't happen.I just don't know if it would be better to pursue the software and wait on the phone for the H&R reps, or just find a CPA to do taxes (both of which would probably take a long time) as I would need to send all my Excel spreadsheets with my individual rentals, depreciation schedules, etc.I was looking for a CPA that could do my taxes (single filer no LLCs), and provide periodic tax strategy to me throughout the year to save me on taxes.. for about $1000-2000 per year.