Mark S.
American Homeowner Preservation (AHP) Fund
19 January 2025 | 354 replies
Even with that, let’s say 12% after taxes is 8% net.
Kiley Costa
Pay Off STR or Invest in Another Property?
11 January 2025 | 9 replies
-Your current STR seems seasonal, so even without a mortgage, you may not achieve year-round cash flow.
Martti Eckert
Long Distance BRRRR in Ohio
17 January 2025 | 22 replies
Tell your story - I think there's even a subsection of the BP forum called horror stories.
Michael Reilman
Best Low-Flow Toilets?
17 January 2025 | 14 replies
Consumer reports even has a report about how they're better than all the $300+ toilets.
Jeremy Beland
The Crazy Title Issue That Almost Ruined Our Deal – But We Got Creative!
13 January 2025 | 0 replies
She walked away with $1,500 in hand, and we salvaged the deal, netting $8,500 in the process.That deal reinforced two crucial lessons: first, title issues can create unexpected hurdles, even in straightforward transactions.
Aaron Hill
Heloc issues LLC
10 January 2025 | 6 replies
So, you will need to stand behind the LLC's debt even though the debt will be in the LLC's name and not on your credit report.3.
Kayla Elliott
What is the best loan strategy for this buy and hold?
30 January 2025 | 8 replies
Given your assumptions, you are not going to be able to get enough of a loan to fully cover the rehab, even with a hard money loan, so you'll need to pull in cash from elsewhere.One possibility is to have your mom sell you the house with a personal loan, not one attached to the property.
Zachary Rosa
1031 or not!
11 January 2025 | 7 replies
The new property has to make $50k plus $12k/yr more than the existing property just to break even.
Mike Levene
Most efficient source to pull funds from for a down payment?
23 January 2025 | 7 replies
NEVER borrow from a 401K, you are taking pre-taxed dollars and paying it back with after tax dollars, you do not get to return the loan with pre taxed dollars, in addition, some 401K plans do charge interest and maybe even fees, and lastly if you get laid off for some reason, it is a distribution with all the "fun consequences: tax at the last dollar rate, and if you are under 59.5 there is also the additional 10% penalty.Personally I like the HELOC, however you can also sell stocks and do tax harvesting there to offset gains if that is an option
Pravit Jarriyapurttipong
Buffalo New York Mutifamily
14 January 2025 | 4 replies
I think your questions are a bit to general and you are going to get even more general responses.