Kevin Brinkmann
New Member in Knoxville, TN
Recently discovered BP while doing research on self-directed IRA / solo 401K accounts and am looking forward to participating in this community. My wife and I enjoy living in Knoxville and we have 3 daughters who kee...
William S.
Seeking Example: Unsecured LOC to buy rentals
I've reached the point where I'm out of personal funds to get 20% down. I've heard/read people that are using LOCs to fund their deals, yet no specifics.Can someone provide an example with numbers showing how they use...
Doug Spence
Entity Creation to LP in Syndication Deals
BP Fam, my business partner and I want to start investing in syndications with operators we want to potentially work with in the future. We want to create a 50/50 entity and invest in syndications using that entity as...
Sergio Montoya
First Duplex at 180k
Like the title says, I'm looking to make my first real estate investment. I have about 20k saved in personal funds and was recently pre-qualified for an FHA loan of 250K at 5% down.
I'm looking at purchasing a 180k d...
Janis A.
Investing with IRAs - comments, strategies?
Hello!Through Bigger Pockets I stumbled upon the idea of rolling my 401k into an IRA and using that to invest in real estate. I'm thinking of using Entrust who advertises on this website. Investing in real estate wi...
Jason Kenyon
Please Help! looking for recommended lender for starting out!
Hello Biggerpockets family!, we started our LLC 3 months ago and have little income from 2 JVs, but really hoping to get properties under our own title, do cosmetic improvements resell and be able to grow. We were thi...
Zach Westerfield
Legal/Tax structure for rental income paying medical bills
My grandmother is aging and currently in an assisted living facility. In order to cover the cost of her care, my mother has rented out my grandmother’s home. I am trying to help her put the home in the correct entity ...
Curtis Deckard
Using a self directed 401k.
I have learned about this solo 401k in which you can use some of your 401k to invest in real estate as long as you pay it back with interest within 5 years. My question is once you pay back the amount you borrow, do ...
Eric D.
Strategies for Allocating Cash Flow
I am seeking financial advice about what to do with my cash flow which is $1k each for two multi-families -- invest it in the market or pay off the mortgages more quickly? Or something else?Basic info: within the past...
Reagan Clo
Palm Bay buy and hold Duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $255,000
Cash invested: $30,000
This is a duplex I found on the MLS in Palm Bay Florida. I used a HELOC on m...