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5 December 2024 | 4 replies
When you transfer retirement funds into a self directed account you can certainly buy real estate with it.
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6 December 2024 | 4 replies
Mostly on trade accounts with local businesses for the materials, some business credit cards, some of the contractors were OK with waiting 30 days for payment.
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5 December 2024 | 554 replies
Originally posted by Account Closed:@Matt R.
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5 December 2024 | 7 replies
If there is no agreement signed and this person is just someone listed from the broker's database, I do not believe it is acceptable for the broker to collect a split in addition to the house split.If you are to consider negotiating this additional split, there is a lot to take into account here... what is the % of business that you generate on your own vs. how much your broker contributes?
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6 December 2024 | 4 replies
Just make sure to account for any additional operating expenses when projecting your cash flow.
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11 December 2024 | 68 replies
In the meantime watch the BP podcasts and use the BP calculator to start analyzing deals so you get comfortable with the numbers.By this time next year I would say if you do this you'll have 10k in a bank account with an ok credit which should make you eligible for an FHA loan to buy (1-4 Units) with 3.5% down and get you started.
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3 December 2024 | 3 replies
I personally use Stessa (included free with your pro/business account) and Monarch.
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6 December 2024 | 27 replies
If you’re able to save another $20K within 6-12 months, waiting could open up more opportunities and give you more flexibility in your investment choices.If I were young, had $23K, and believed I could rebuild that savings account, I’d seriously consider making the jump.
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3 December 2024 | 26 replies
My favorite feature is the virtual account and virtual card options.
5 December 2024 | 11 replies
Account ClosedEven with high interest rates, lots of folks investing or buying homes do well with FHA loans because of small down payments and good loan terms.