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All:I did my first flip earlier this year for proof of concept. 17k purchase, 11k rehab, sold 45k (45k - 28k = 17k pretax profit, no realtor) . I am finishing my second one, which is going to be about 80k all-in, ex...
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I'm looking at buying a car wash and would love to get some feedback and comments to help make my decision.2016 sales were $225,000. Net profit is $116,000. Asking price is $1,000,000 Below are a few of the details a...
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Is there a way to use retirement funds( eg. funds that one may have in an IRA) to pay off a house without paying the hefty 30% to the IRS for pulling the out money before retirement age?
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I am looking at setting up a self directed ira to purchase a property that was and is still currently used as a salvage yard. My Ira will be converting it to a mini storage property. Given this has been a salvage yard...
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Has anyone used a Financial Planner familiar with real estate investing to help map out short term and long term strategies? Any comments or suggestions based upon your experience?
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*This link comes directly from our calculators, based on information input by the member who posted.So grateful for the BP community and all the help so far! Any feedback on this deal is ...
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Things are moving quickly for us. I recently joined BP and we closed on our first all cash deal and have a second in the works. The advice from this forum has been invaluable.
We have been (pre) pre-approved by a big...
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I am looking at a property and want to use my SDIRA to fund it, however, I will also have to fund part of it from my LLC as there is not enough in the SDIRA for the entire deal. Anyone have any advice on how best to ...
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Hi folks, your friendly BP socialist here! First off, thank you all for your responses and input! What a lively discussion!I wanted to close out my last thread with some heartfelt clarification which I had posted but ...
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Hi BP. I'm interested in learning about purchasing property with a self directed IRA. I have a 401k from an old job that is sitting, growing slowly. If I can learn how and it makes sense I'd like to use that money to ...