Jayden Hamilton
How do I buy another investment property with my circumstance
Hello, so currently, I own one single-family home that's completely paid off; I would say it's worth 150-160k market value. I also own a duplex that I purchased for 144,000, and I put 29k down on the home. I owe the b...
Emil Pinlac
To Down BIG or Not to Down Big(... fha): Financing for Newbies
Hello All - Quick Question for the Forum: Should a NEW investor proceed in purchasing a property based exclusively on the merits of the DEAL (Cashflows 200-300 per month, good CACR) even WITHOUT 15-20% down and withou...
Thomas Oakes
PNL report for apartment complex
Hey y'all! I am looking at a PNL report for an apartment complex, and I am confused about a couple things. These might seem like dumb questions, but hey, I'm brand new to this! 1. What is the depreciation expense?...
Lacey S.
How to overcome my DTI problem
I have been looking to buy my first buy and hold rental for about 18 months. I have enough cash on hand for a 20-25% downpayment and a contingency fund. I have an area and investment strategy in mind but when I went t...
Chuck Rhodus
Using LOANS as down payment
I found a seven Plex apartment building I want. I am going to get a HELOC for the down payment but will still be short $20,000-$30,000. I may be able to get a financial partner for this balance but if I cannot what ar...
Jessie Randolph
How to use my 401k to buy real estate
I Have roughly 80k in a retirement fund from a former employer. I would like to use this money to fund my real estate purchases. I was wondering what is my best option for this? Do I move it to another type of accoun...
Hersh M.
Lending standards loosening? Major price rise expected?
Source - http://themortgagereports.com/21442/low-down-payme..."Housing starts have been fueled by rising rents, cheap mortgage rates, and an abundance of low- and no-downpayment mortgages.The 80/10/10 piggyback loan h...
Dana Regan
Self funded IRA purchase of property
I have a property that I want to fund with my IRA, but have no idea how to do it and where to start. Please contact me if you can help me!!
Dana
Armand P.
Coverting my Roth IRA and or 401K to Self-Directed?
Hi BP,
I’m considering converting My Roth IRA and 401k retirement accounts to self-directed so I can invest in real estate. However, I’m still employed and read that I’ll need to open a IRA LLC in order to invest. Wo...
Jared Threat
Introduction to my Journey - Pour your comments in!!!!!
Hi BP Family,Here is my attempt at putting myself out there. My name is Jared and I am from/living in Buffalo, NY. Married w/ a 2 1/2 year old and motivated to grow my real estate investing portfolio.Background Myse...