William Duncan
401k vs. RE Investment: Which one is best for you?
14 May 2020 | 7 replies
In either case, you can continue to contribute to your 401K, take advantage of the match and invest in the market if you desire.
Fernando Jimenez
Wholesaling in Bucks County- Levittown-Bristol
16 May 2020 | 4 replies
I'd love to connect to some experienced, or even rookie, investors and contribute in any way I can.
Drew Leo
Cutting wall to connect 2 unit apartment to live in w family/kids
18 May 2020 | 9 replies
The notion of having 2 kitchens isn't much of an issue to; one can serve as pantry or storage.
Lawrence Cersosimo
Starting out, I would love some advise or direction
4 June 2020 | 15 replies
I understand the whole analysis paralysis notion, I guess I just really don’t know what I don’t know if that makes sense.
Kate Reese
Getting out of a hard money loan by refinancing
22 May 2020 | 3 replies
My question is, if you get a HML to contribute 90%, meaning you’d put 10% down, is it possible at the end of the term when you have to pay back the lender, you refinance the property he/she helped finance?
Zack DeRose
How to Take Advantage of multiple Fannie/Freddie Mortgages?
22 May 2020 | 20 replies
You can then go on to secure another FHA loan whilst still owning a property with an existing owner occupant FHA loan but there has to be a specific reason to request a new FHA product - like you have had to move for your job or you have an extra child and need another bedroom etc.A conventional loan, a product provided by a general mortgage market lender like a bank or a credit union etc. will provide you with a mortgage which, once set up can then be sold to Fannie Mae or Freddie Mac who pool them together and sell them as Mortgage Backed Securities ( MBS) and other products like CDOs but don't mention CDOs on this site - it gives us all the heebie-jeebies because CDOs contributed to the crash in 2007/8.These conventional loans can be offered with down payments as low as 3% but they require mortgage insurance (PMI) to be paid with the mortgage until you reach 20% equity in your property.
Taylor Hendricks
Cash Out Refinance to LLC?
16 July 2020 | 3 replies
So you can refinance anything you want and contribute that cash to your LLC to be used by the LLC.When you sell and do a 1031 the taxpayer for the old property needs to be the same as the taxpayer for the new property.
Aaron M.
Exit strategy with turnkey investing
30 May 2020 | 31 replies
Unless they are selling to all cash buyers, they can't charge over market value since lenders require an appraisal so don't automatically buy in to the notion that you pay more for a turn key.
Anna W.
Intriguing NHF Down Payment Grant
26 May 2020 | 3 replies
There are a lot of variations on this theme, but typically what happens is the seller contributes 5% to the "non-profit" who in turn uses 3.5% that money as a grant to the buyer for a down payment since FHA allows certain non-profits to donate toward a down payment.
Mike S.
Rollover from ROTH IRA to ROTH solo 401k under CARES Act?
26 May 2020 | 3 replies
The taxation on the Roth IRA considering contributions and earnings are still not clear on how to handle.