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Results (10,000+)
Steve Mizer Hello BiggerPockets! New PRO here
28 June 2024 | 2 replies
It allows me to meet amazing people and help other business owners succeed.I think Real Estate will do the same!
Robert Herrick Exit Strategies When Selling A Bad Flip
29 June 2024 | 6 replies
Seems people have escaped similar issues https://www.biggerpockets.com/forums/48/topics/1178658-flip-...
Jen Menchaca Jonesboro, Arkansas Cashflow
29 June 2024 | 8 replies
Let’s connect ♥️ Valley View area is the biggest area people are looking for.
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or could be considered a taxable distribution.Potential opportunity cost of missing out on market gains if funds are withdrawn from investments.Other Alternatives:Home Equity Line of Credit (HELOC):Description: If you own a home with equity, a HELOC allows you to borrow against that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.
Mike Day Is Airbnb's liability protection enough?
29 June 2024 | 12 replies
Many people have had bad terrible experiences in the past, and with the direction Airbnb is going I don't think its a great idea to rely on them. 
Noah Bacon Don't Miss This Live Workshop: Demystifying Deal Analysis with Dave Meyer
25 June 2024 | 5 replies

Feeling intimidated by the real estate market these days? We get it—there's a lot to wrap your head around as an investor. You might have cash flow down, but what about the other more complex metrics?Never fear, Dave ...

Ray Loveless Is Ohio a landlord friendly state?
27 June 2024 | 47 replies
I have a friend who bought multiple properties in various Cleveland suburbs, and the agent, the broker, and the title people were clueless about RITA.
Bradley Jernigan Virtual Assistants for property management
29 June 2024 | 6 replies
There are a number of property management specific companies that help people hire these employees.
Sandra Hughes I want to sell a note
29 June 2024 | 7 replies
I would recommend listing it on paperstac as well and see what people will offer. some important questions will be is it perfomring?
Tony Stephan CLOSED: Welcome to Golfview 100 Unit Apartments!
29 June 2024 | 0 replies
We decided to contact a few key people who expressed interest in the past to potentially invest on this deal with us.