I am trying to determine if it is a good idea to cash out an old 401k (55k) from a former employer to use to invest in additional properties. Isn't the 10% penalty the same as a loan at 10%?
Greetings BPers!I have some condos that I'm selling in Fort Smith, AR. My real estate agent is encouraging me to finance the entire purchase price (conventional mortgages are not available because of my concentration ...
We bought a flip house last fall and did all the repairs through the winter. This is the Midwest so there is strong seasonal buying (unlike Arizona, etc.). We put the house up for sale this spring and have had only ...
Hi BiggerPockets,
I am hoping I can get some of the Washington DC based members to help me out with their thoughts on the Deanwood neighborhood of DC. I am looking around the Benning Road metro station. I see...
Hello BP Community,Can anyone offer me a sound and professional property management group in the northern NJ area who have vast experience in multi-family services that comes highly recommended?Thank youAnthony
Hello All,My name is Justin, an aspiring real estate investor from 10 miles north of Boston, Ma. I am excited to be apart of this community and to start pursuing my first deal. Currently I plan on investing in multifa...
I am the first to catch word of retiring landlord with 150 dirt cheap off market properties in a small town close to me. I'm talking (2) $60K duplexes, and one $125K fourplex all above 2.2% rent to price in fair/good...
Hi everyone! My name is Alicia Hensley. I'm just starting out with real estate, although I've been dreaming about it for a long time. I want to spend my time with my family instead of working for somebody else, so I ...
Hello All! As a relatively new investor, looking for any/ all opportunities to learn from experienced investors in the Chicago area. Excited to connect whenever possible. Thank you.
Hello, I own a rental property and I have paid it off in full free and clear. It is worth approx. 100k, I have been basically pre approved to cash out on the equity and receive 70k loan with monthly payments of $700. ...