Roll it over into a IRA?New into Real Estate investing and I'm trying to do some creative financing. My wife decided to stay home and look after our two kids. She has a 401k with a balance of 15k just sitting there. I...
Greetings from Auburn Alabama. My obsession began back in 1996 doing some remodeling jobs with my Dad, who was a carpenter/handyman for the property owners of several small houses. Bought my first home as a fixer in 2...
Good afternoon !Just wanted to introduce myself to the group and give a little bio of who I am and where I am at currently.I have not yet invested in a property apart from my primary home.I’m currently in the learning...
Hello! I have a property I’m in escrow on. The property is 2.8 Million & I was planning on putting 800k down. So need a 2 million loan.
The issue is the property has been poorly managed, and Net Income is only a...
If you use 100% OPM for an investment home, do you still calculate and consider the Cap Rate as usual? Even the down payment is not personal money (Asset line of credit) then the rest of mortgage is bank loan. 0% down...
Hello everybody! I’m a first time investor looking to get some skin in the game, I would like to have some pointers or suggestions on good locations to invest in. I am most likely going to start Out in a C Class or wo...
Hello All - We are reaching out to some Local Banks to get pre-approved for investment property. We don't own a house of our own and are looking to purchase a property outside of our current residence of Florida. When...
Hi everyone, I'd love to hear any thoughts on how LLCs and LPs (in a multifamily syndication for example) behave after the owner passes away. I've also wondered if an investor can enter a syndication or flip as a mone...
When does a non-paying tenant become a squatter? Do you know the rights of squatters in your state and county?In some areas, squatters have a vast list of rights that could cost the property owner a great deal.It's ge...
My wife and I are building a semi-custom home with an attached 1 bedroom unit (house hacking). The builder is not allowing us to install an oven/stove. We would like to use it as a long-term rental. Are there tenants ...