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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 ...
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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...
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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...
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Plan on acquiring a 2-4 unit in RI/MA next year with my business partner, I believe getting a LLC is the cheapest form there is compared to others options. But I have some questions I want to ask experienced investors...
Dear BiggerPockets community,Presently I've been financing flips/rehabs through a secured line of credit.The current lending agreement allows me to borrow up to around $325,000 and my bank will allow me to use this mo...
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Hello - Hope everyone is doing well today! I'm close (30-60 days out) to purchasing my first rental property and would like some perspective on how I should handle financing, llc or not, and a few other items. I cur...
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I have had a 401k for about 10 years now and our company was bought by another and now they are starting a new 403B. Our current account is "frozen" and we can decode what to do with it. I have been reading up on usi...
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Hello BP world,I’m preparing for a listing presentation on a 20 unit apartment complex down here in Houston, TX. I’ve heard extensive talk about many different situations in regards to managing, valuing and renovating...
Looking to get funding for our first deal.We've heard about Lima Capitol at the beginning of podcast #167. What we want to do is get the pre-approval out of the way first so we can look at and make an offer on a renta...
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Hello BP community,I am new to the world of REI and I am eager to get started in this business. I have read a lot of blog post, listened to most of the BP podcasts, searched for videos on youTube, and have a few book...