Trevor Bragg
Live-and-Flip into a cash cow lease option.
Investment Info:
Single-family residence buy & hold investment in Glendale.
Purchase price: $255,000
Cash invested: $10,000
This is going to be a mix of a live-and-flip and a buy and hold investm...
Leslie Chapman
Question about Current Market Seller financing Terms
I know the range is wide for down payment options for OF deals. I'm selling a property and shared my terms with a potential buyer. He stated he couldn't go higher than 8% for dp and 3% interest. I wished him all the b...
Kevin Klaas
Financing a house hack with retirement accounts (SDIRA)?
Hi BP nation!Newbie investor here.I've been saving money in my retirement accounts (roth IRA, traditional IRA, rollover 401k) through Vanguard. I've done some research on self-directed IRAs and was hoping to open a SD...
Michael H.
FHA loan for flipping
At the end of this year, I would like to purchase a personal residence with a FHA loan. Is it possible to use a FHA loan for wholesale properties? I would live in the property and do renovations (kitchen and cosme...
James Paine
Rich Dad Poor Dad Book Review - 3 Lessons
Some people love this book, some people hate it. I get it and I am ok with a debate on this post. I have thick skin. Personally I feel like I have to disclose that I read 40 or so books a year and often read books ...
Geoff McFarlane
Sell our home or rent it out?
We bought our current home in 2011 for $97k. We paid cash and have no mortgage. The home is currently worth about $497k. We now have an opportunity to move into my parents home which is bigger and “take it over”. The ...
Mark Douglas
ReFi out of FHA?
At what point would it make sense to refi out of an FHA into a conventional loan? I got in under 4% , so I don't know if I'd get a much better rate. Also, after I wait one year from the close date of the FHA loan, a...
Quenton Runge
*Converting primary residence into a 4 door property
*New to property investment Background: My name is Q and I'm mid twenties. Currently working as an ICU RN. I'm new to investing in general but have been finding an interest in property investments for years. I current...
Josh Hutchison
Bringing a house up to code to rent
Thanks in advance for any potential insight on my questions. I bought my first house in Aurora CO back in 2014, rented rooms for a few years, and have been living it without renting out rooms for the past 2 years. I'm...
Yawiney Yawiney
Capital gains question
I'm about to make over 500k on the sale of my home. It's been owner occupied for the past 2 years and my income in '18 and 19 has been very low. Under 20k.With that low income, can i still be charged capital gains?I...