My previous employer was forced to close shop and I was just told that they are going to send me my 401K funds. I've decided I want to use these funds to invest in real estate (I have a separate IRA from previous 401k...
I have found my first deal and am ready to write an offer. It's a bank-owned property that needs new carpeting, paint and a good cleaning. I am planning to clean it up and rent/sell it, NOT live in it. I am counting o...
I've researched this topic in vain so far but am sure the experienced minds at BP have dealt with this before. With conventional loans, the sourcing of down payments seems to be very restricted. This seems to put a ...
Is anyone aware of a calculator available that can figure out investor pay outs?
Example:
Syndication fund.
Investor 1 $50k in
Investor 2 75k in
Investor 3 125k in
Etc
Management fees, preferential return inputs...
If a property is being sold as a short sale, is the first lienholder/lender obligated to pay the second lienholder anything? I had heard discussions that the first lienholder usually pays the second lienholder $3000 ...
here appear to be a lot of discussions about partnership/JV splits when 1 party is all money and the other party is all sweat/brains.I'm curious about slightly different split of finance/equity and I'm also referring ...
Hey everyone. I’m getting to a new point in my investing and want to reach out to the BP community for some guidance. Until now I’ve been able to finance my properties on my own. I have one SFR and two duplexes. I’m n...
Hey,Hoping someone can assist.Last year I setup a individual 401k aka checkbook/solo 401k.I have real estate projects in South Jersey and Philadelphia, but the 401k was setup under my NJ flipping LLC. My attorney is s...
I'm looking into deal in Philly for a $250k triplex. I'd be jointly purchasing with one other person (we're not related), and he'll live in one of the units (I will not). He has great credit and more than enough inco...
Good evening!I have a primary residence that is deemed - 80% rental and 20% primary on my taxes. I am renting out majority of the house.Entity holding question: When selling and doing a 1031 exchange, I believe you ha...