Kathy Leach
Using 401k vs. HELOC vs. Home Equity loan for STR Down Payment
Hello. I am new to real estate investing planning to buy my first STR in 2023, I am saving for cash down payment but wondering if taking a loan from my 401k would be a way for me to make this purchase sooner if the ri...
Ami Soni
Using 401k as down payment
Hi Everyone,My name is Ami Soni and I am from the suburbs of Chicago area. I am approaching my first deal and looking for more information on using 401k savings as down payment without the penalty? I believe I've hear...
Sal Livreri
Figuring ROI on money I would lend
I am considering lending my money out to REIs. What I am trying to figure out are the ROI on this and the mechanics/logistics.I set up an excel spreadhseet to try to do this. The assumptions are:1) It is an amortize...
David Burgess
One property high cash flow, or multiple properties with low cash flow?
Complete newbie here, but I'm struggling to understand the advantage of multiple properties that have small cash flow (due to loan repayment) vs a single property that is debt free with large debt flow. Granted you c...
Andrew Grieb
TSP LOAN Interest
BP,So last year I took a TSP (thrift savings plan) loan out of my TSP retirement account to fund some real estate transactions. The loan from my TSP gets paid back to my account and it pays the account 2% interest ((...
Wayne Duncan
Seller Financed LLC Question
Hoping someone could tell me if this makes sense. I'm looking to buy a rental property in an LLC with funds a parent has offered to pay in the form of seller financing. I figured I could set up a PA LLC and either hav...
Arjun K.
Capitalizing LLC with a Personal Loan
Question (1) :
I am setting up a new LLC. There is about $15K of rehab that needs to be done on the properties. Instead of capitalizing the LLC with $15K, is it better to capitalize the LLC with a $15K loan? This ...
Michael Alexander
Exploring Lending Options for Short-Term Rental Owners Based on Booking Revenue
Short-term rentals have become a lucrative venture for many property owners, offering a flexible income stream. However, accessing traditional loans can be challenging, especially if personal credit history isn’t favo...
Deandre Brown
Any experience with RMLO?
Hey BP fam,
I have a quick question: Has anyone had experience with a Residential Mortgage Loan Originator (RMLO)? I was speaking with a property owner who is open to seller financing, but mentioned that I need to ...
Tia Rubadeau
New Student Loan Regulations
Can anyone shed some light on the new lending regulations surrounding student loan debt or direct me to where I can read the new requirements?My burning question is if my cash out refi app was already in the works can...