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9 March 2018 | 1 reply
It brought up a few questions the first being;Do I use the cash I have saved up to implement the BRRRR strategy vs buying multiple homes with down payments and using conventional financing (possibly looking into 203(K))?
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12 March 2018 | 3 replies
Originally posted by @Chris K.
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12 March 2018 | 2 replies
Luckily I had a patient seller...If you are able to find a property that need less than $35k in repairs, the streamlined 203(k) is a good option and will have more lenders willing to work with you.
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9 March 2018 | 7 replies
@Cam JimmyIf you are referring to yourself-employed solo 401(k) plan, even if you have multiple solo 401(k) plans you can only borrow up to 50% of the balance not to exceed $50,000, In other words, you cannot double up on your solo 401k participant loans.
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12 March 2018 | 5 replies
I would add that the strategy of bidding lower than total debt has been successfully challenged in many districts if the servicer goes after the borrower for a deficiency later.
15 May 2018 | 10 replies
If everything were to go well and rented out possible cash flow between 7-9 k a month.
15 May 2018 | 2 replies
@Jay BedsworthThere are some advantages to the Solo 401(k) as compared to a comparable IRA.
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21 May 2018 | 25 replies
You can use that 90 k for a lot of investing!!
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23 May 2018 | 18 replies
Originally posted by @Jim K.
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2 July 2018 | 19 replies
You are into it for 50 k.