Hi BPers, I was at my local REIA meeting last night and we got on the topic of creative financing. Someone brought up a concept I had never heard of before, 7702 plan. The way it was described is this is an insuranc...
Good morning all, My wife and I have been discussing the idea of going into mortgage note investing for almost 18 months now with me doing the lion's share of the research. I am on board with the idea of passive incom...
I recently listened to the Millennial Money Podcast where Chris Naugle talks about using a specific type of life insurance policy to "become your own bank" and build a foundation for wealthy building.The idea is that ...
A friend of mine recently retired with a very, very substantial amount of money in his retirement accounts but is now having issues getting funding for a personal residence. He currently lives in CA, and is in the pro...
Well, I made an offer on this one and the owner initially wants $547K, and said he was willing to come down in price for a cash offer. I offered $405K and he laughed at me. He later said he'd take nothing less than $5...
Hi BP!I'm looking for advice on how to begin analyzing a land deal with a possible timber harvest. There are three separate, adjoining parcels for sale, totaling 303 acres in northern WA state for $2,500 an acre. The ...
Hello y'all, new to the forum,
For all of you wise and well-informed real estate investors out there, I have a situation which could use some advice...
a little background:
I am 32. I work in the trades (contractor...
I was listening to a podcast recently and they were talking about finding an asset that grows at least 12% a year. What type of assets could those be ?
Hello, I'm new to the forum and I'm looking for advice on how to make a career transition into Minneapolis area real estate development and/or investment, preferably commercial but I'm open. My guess is that I'm prett...