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Hello, BP Community,If you have a Solo 401K w/ $100K to invest, how would you invest it, or what are you currently investing in with your Solo 401K? I am considering investing in a small rental property and paying cas...
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BP,I was speaking with a friend of mine who recently began working for a financial group. She mentioned that she had a few clients that had use their overfunded life insurance policy as financing for a deal. Basically...
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What do you guys think about Chloe Eudaly creative idea of this?Commissioner Chloe Eudaly's office has circulated a final draft copy of a renter screening proposal that would take away an apartment owners' right to pr...
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I’m closing on (2) 4-unit buildings in Chicago over the next two weeks. Both mortgages and deeds will be in my name. What kind of entity/entities should I form to hold and run these properties? These will be my first ...
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So I took the plunge at 45 yrs old and said bye to my W2 job. I've been on their Anthem plan for awhile. It looks like I can get a fairly decent plan for myself through Anthem (low deductible) for $450ish/mo.I'm still...
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Okay guys and gals, I have read SO many forum posts about land contracts, LLCs, S-Corps, etc. However, I can't seem to figure out what is best for my situation. I am not managing my own properties, so I don't need t...
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Do many seasoned investors recommend to tap into your life insurance cash value as a loan to your self to fund a real estate investment? this that a good strategy for someone that has limited liquid cash in the ba...
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Hi all,a little off-topic but I think it is an important matter.So, the bank asks you to have Life Insurance to protect itself. It can be either your own or you can pay extra for your monthly mortgage payments.I happe...
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Hello to all fellow investors My wife and I are closing in 7 days on our 2nd property and renting out our current primary.We’ve posted our home for rent on Zillow and received a handful of applications. We plan on hav...
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Hello! I am new here and I am looking at investing in real estate for the first time in Dallas, TX. Since we don’t have much cash, we are looking to rent our current home and buy a new home as owner occupied, that we ...