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17 October 2024 | 10 replies
I currently have 5 properties; 7 units. (1 office building, 2 duplexes, and 2 single family homes) I am currently pulling a line of credit out of my office building and will be using that to purchase a 6th property.
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16 October 2024 | 10 replies
After she received the stop worker order she stopped responding and pulled all of the contractors who were working on the job.
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17 October 2024 | 1 reply
I look at it through the lens of: 1) If I contribute to a pre-tax account like a pre-tax 401k, Traditional IRA, SEP IRA, I get a tax deduction, but now I'm in a partnership with the IRS, but I don't know what I will have to pay them later on in life when I start pulling money out (that is because when you distribute you pay taxes based on your effective tax rate at that time, which can be unknown). 2) With Roth accounts, (Roth IRA/Solo 401k(k) with Roth component), I can get the taxes out of the way on the seed, so I don't have to pay on the crop.
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17 October 2024 | 13 replies
I would guess its the accuracy of the list your pulling.
15 October 2024 | 6 replies
My wife’s condo is now worth 300k+ and we are looking for a strategy to pull cash out for a new deal that involves potentially putting her condo in an LLC.Should we create an LLC and do a cash-out DSCR loan?
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19 October 2024 | 16 replies
Granted 15 is a number pulled out of the hat so to speak.
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15 October 2024 | 12 replies
If I am looking to pull money out of a total of 10 properties to make new investments, what are the options here?
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25 October 2024 | 33 replies
WEBSITES that offer pick dresses have pink dress content on it and Google crawlers catalog all websites on Google so Google can retrieve them when someone looks for them.If you build a website where you tell everyone (Google included) that you buy Duplexes, anyone who has a duplex to sell will find your website, if you are decent at SEO and that is how you find Dumplexes with a website.You can have your website target anything you want.Lastly, I always find it funny when people pull that $7K card on me.
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16 October 2024 | 10 replies
Also to note my brother is a journeyman plumber who is willing to help on any plumbing repairs should they come up.Financial ConsiderationsThe numbers look good using the BiggerPockets calculator, but I have concerns about our ability to pull off a BRRRR strategy due to cash reserves and DTI constraints.
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16 October 2024 | 5 replies
In Austin, I know Horizon Bank has been open to more creative financing strategies too, so it’s worth checking with them.One thing to keep in mind is that the terms can vary wildly depending on the institution, so I always recommend reaching out to a financial advisor who’s well-versed in life insurance-backed loans before pulling the trigger.