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Results (10,000+)
Jeff Honnold Relay bank for investing?
30 June 2024 | 9 replies
idk) He also said that any question should have triggered due diligence on the bank’s part.
James Carlson 18 offers, 12% over list price .... Market going bonkers again?
30 June 2024 | 54 replies
So yes separation would trigger automatic sell.The exception for this is perhaps midwest.
Gabe Morrell Is house flipping a smart way to jump into REI?
1 July 2024 | 12 replies
This way you can begin making money in real estate so when your ready to pull the trigger you will already have more knowledge on how to look at a deal and the money to invest in making it happened.
Jeffrey Anderson Gil Buying Prefabricated houses from China with Alibaba, a good deal?
3 July 2024 | 40 replies
Hello Harrison, I have been in touch with chinese manufacturers and even got a quote but I have not pulled the trigger yet.
Henry Clark Self Storage- Economic Outlook- Positioning
1 July 2024 | 12 replies
Means we get taxed more.One or all of the above trip my trigger.   
Account Closed Who here invests as an LP in ground up multifamily construction deals?
30 June 2024 | 18 replies
So, I stay out of any new MF deals for the foreseeable future.Of the deals I invested in 2021-22, at least one is heading for foreclosure and 3 more are getting close to the rate cap expiration that may trigger a foreclosure as well.
Randall Noel Minut Cigarette Smoke/Noise monitor
27 June 2024 | 10 replies
(And if you think they'll update the language, I have a bridge to sell you...)Next, it has triggered occasionally and we send out a reminder that we are a smoke-free property which usually works.
Luke Edwards Pay off existing loan to close on property for seller financing
27 June 2024 | 2 replies
The mortgage remains in the seller’s name, but the buyer gains ownership of the property and makes the payments.Risk: This can trigger the Due on Sale Clause, so it’s essential to understand the risks and have a plan in place if the lender calls the loan due.Wraparound Mortgage (All-Inclusive Trust Deed - AITD):Definition: A wraparound mortgage involves creating a new mortgage that "wraps around" the existing one.
Eric Justice All CASH-Buying property
28 June 2024 | 13 replies
When you're ready to pull the trigger hit us up! 
Sumit Kaul loan agains equity/etf vs 401K vs other options
27 June 2024 | 2 replies
Here are some options and considerations:Loan Against Equity/ETFs:Margin Loans:Description: Margin loans allow you to borrow money using your investments (such as stocks or ETFs) as collateral.Pros:You retain ownership of your investments.Generally quick access to funds.Interest rates can be relatively low compared to other types of loans.Cons:Your investments are used as collateral, so if their value declines significantly, you may face a margin call (requiring additional funds or securities).Interest rates can vary and may be higher than traditional loans depending on the lender and your creditworthiness.Securities-Based Line of Credit (SBLOC):Description: Similar to margin loans, SBLOCs use your securities (stocks, ETFs) as collateral, but they typically provide more flexibility and may not trigger margin calls as easily.Pros:Allows for ongoing access to funds as long as your collateral remains sufficient.Interest rates may be competitive.Cons:Similar risks of potential margin calls if the value of your securities drops significantly.Terms and interest rates can vary widely among lenders.Comparison with 401(k) Loans:401(k) Loans:Description: Borrowing from your 401(k) allows you to access funds without selling investments, using your retirement savings as collateral.Pros:Typically low interest rates.No credit check required.Interest paid on the loan goes back into your 401(k) account.Cons:Usually capped at a percentage of your vested balance (commonly up to 50% or $50,000).If you leave your job, the loan may need to be repaid immediately or could be considered a taxable distribution.Potential opportunity cost of missing out on market gains if funds are withdrawn from investments.Other Alternatives:Home Equity Line of Credit (HELOC):Description: If you own a home with equity, a HELOC allows you to borrow against that equity at typically lower interest rates than unsecured loans.Pros:Lower interest rates compared to other types of loans.Interest may be tax-deductible if used for home improvements (consult a tax advisor).Cons:Your home serves as collateral, so failure to repay could result in foreclosure.Personal Loans:Description: Unsecured personal loans can be used for various purposes, including investing, but typically have higher interest rates than loans secured by collateral.Pros:No collateral required.Funds can be used for any purpose.Cons:Higher interest rates and stricter eligibility criteria based on creditworthiness.I am a loan officer and we do some of the loans stated above.