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Results (10,000+)
Elijah Jay Dangerfield If forced to restart..how would you do it?
3 March 2017 | 33 replies
This is the cheapest money you will ever borrow.  
Tiffany Shan Any way to get fractional financing on residential prop?
1 March 2017 | 6 replies
The lender wants all "owners" to be on the mortgage so that they will have no problem using the property to cover a default.The only way I could imagine not having both buyers applying for a joint mortgage would be if both of the buyers could borrow money from a different source, either equity on a different property or investment.
Brandon Diaz How would you do this deal?
8 March 2017 | 15 replies
Remember, the borrowers have deceased and the tax sale is coming up so discounting the note before that day I think would actually happen, and I can get a better deal here.
Jordon Dixon-Keating Advice Needed On Real Estate Investing Idea
6 March 2017 | 8 replies
On a similar line of question, is it a good idea to pay down the LOC which you had borrowed from to purchase a rental?
Justin Young Concerning the article about building wealth
8 March 2017 | 96 replies
Then I borrowed 25k from a relative for a down payment on a new house for our primary residence.
Account Closed How Do You Structurize Pre-Foreclosure Deals ?
6 November 2019 | 21 replies
If it's a short sale, depending on who owns the note and the borrowers circumstances, relocation incentive may be granted to the borrower.
Brendon K. Was the financing in podcast episode 25 really possible?
5 March 2017 | 6 replies
Why are people so vague about how much they make, how much the are borrowing, how much they are paying for the homes etc?
Maggie Jones Second FHA Loan - one at a time and spaced years apart
1 March 2017 | 2 replies
Can anyone point me in the right direction or confirm that a borrower can take out a second FHA loan if the borrower only has one at a time and they're taken out over 5 years apart?
Mukesh Yadav Looking for feedback on Self-Directed IRA custodians
6 March 2017 | 13 replies
The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (IRA LLC) must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2016, the solo 401k contribution limit is $53,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of the solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)
Megan A. Help! Need advice on duplex moving situation
2 March 2017 | 6 replies
I'd borrow a enclosed trailer or POD and use the basement.