Hey there !! I am looking to transfer my 401K to a self directed checkbook IRA to use for real estate investment. But, I am not sure if it should be a Roth IRA or a traditional IRA as both are offered to me. I am ...
My parents are retired and own 2 properties in culver city CA, in west los angeles area. One is a single family appraised at 1.3 million the other a duplex that was valued at around 1.1 million. They put a 1st mortga...
Hello all,As you guys can see by my status, I am a beginner investor and would like to hear from my experienced investors here on this forum, what would be the best move to make in this situation?My parents have finis...
Hey all,So my grandfather started investing in real estate over 30 years ago and has not sold a single property. I'm currently trying to analyze how well each of these properties performs year to year to see if any ar...
Basically I've come across a really unique property on MLS that is a duplex and SFH on one lot. - Duplex units 2/1, 800sq, basement with W/d - Renting for $1,100 Each-House 2/1 1200, basement with W/d - Renting for $1...
Newbie investor here. I'm focusing on turnkey properties because I'm seeking a passive (or as passive as possible) RE investment. I have about $150k to invest, which is currently sitting in a savings account (4.4 % AP...
Hi, I have an old primary residence that tenants have been in and are now vacating, it was a bit of a unique circumstance so I am trying to understand the tax ramifications or best approach. My current CPA hasn't be...
Hey guys,I own my own place in NYC with a hefty mortgage payment and building maintenance/tax fees etc. I have no other debt.Currently my DTI, if I include the mortgage and the full maintenance monthly fee for my buil...
At my local REIA meeting, there was a sentiment from the more veteran players (particularly the mortgage brokers) that Fannie MAE/MAC will change mortgage allowance from 4 to 8 soon to help relief the number of forecl...
Hello All,
I have decided to come to the BP forums to ask for your advice and or thoughts on my current situation. I currently live in Ann Arbor, MI and own a primary house here. Due to a new job offer, my family i...