Daniel Lopez
Converting Primary Residence into Rental Property
17 October 2019 | 9 replies
I used a FHA loan to get in to a HUD home, lived in it and completed the renovation, leveraged huge equity to finish a second renovation that was technically a new construction loan, sold the rehab, got a partial lien release combined with a re-finance from the FHA loan, pulled $30k in HELOC, bought another rental, moved, and then rented the original SFR...then on and on...lots of moving parts.It's a lot like feeling your way through a maze where you are at right now, but don't be intimidated.
Alex Babayev
Multi Family Investing Strategy Discussion
6 August 2018 | 12 replies
So you may be pulling a 15 CAP for the $500/mo complex, and only an 8 CAP for the $1k/mo complex.
Chao Cheng Gao
Should I invest in area when there a lot of properties on sale?
7 August 2018 | 2 replies
I will definitely research some more before pulling the trigger.
Tara Kinney
Invest and loan from 401K or just save?
15 August 2018 | 15 replies
My question is: does it make more sense just to pull the money straight out of my LLC to invest in real estate, or should I invest in my 401K with matching and then loan from my 401K?
Steven Kleppin
Using Microsoft Access to Landlord
8 August 2018 | 3 replies
I know Access has some templates you can pull online but they don't seem to meet my exact needs.Has anyone done this and could shoot me their file or help walk through building it?
Dave Molesky
Every rental is a flip. Hard to turn down the proven cash
8 December 2018 | 10 replies
With the BRRR you're basically flipping the house...but they keeping it and doing a re-fi to pull that money back out.
Dave Nixon
Repurposing Schools, Churches, and Masonic Halls
7 August 2018 | 2 replies
@Dave Nixon Interesting you picked up on this...small town churches are dropping like flies...I manage large capital improvement projects on institutions...just keep in mind that you'll be working with a lot of different entities, including an architect/designer, engineer, industrial compliance...likely other entities from the government and/or municipality...lots of moving parts.You should be aware of Asbestos abatement and concerns like underground storage tanks...which are very common in all these buildings you are referencing...design and abatement fees may run hundreds of thousands of dollars before the project even starts...Not saying you can't pull it off, just be aware...good luck!
Gregory A.
Taxes on early withdrawal from a ROTH TSP
22 September 2018 | 5 replies
It has continued to grow, but I am interested in pulling all of the funds out to use for investing in deals for myself.
Account Closed
Looking for a Real Estate Agent/Realtor in NOVA/DC/MD
8 August 2018 | 3 replies
I'm close to pulling the trigger to go full in to becoming a real estate agent, and I just want to see what is an agent's typical day like.
Scott Saylor
The waiting game... does it really have to be this way?
7 August 2018 | 3 replies
It is almost like they atre trying to add vague terms to allow some way to claim the escrow.I can pull the plug and use my lender to pull the plug immediately and not even allow the dispute process to happen.