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Hello all-
This is my first post and I am floored by the knowledge here, so I am hoping I can get some solid and helpful answers! I already own two duplexes on my own which I hold in an LLC. I am looking to purchase ...
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A little back end info- I'm a new agent with goals for my own investing. I found a great lot with access to the inlet, bank owned, asking $107,000. I sent it to a builder friend of mine. He was very excited about a...
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My #1 suggestion is to "GET LIQUID/STACK CASH" and be ready to make offers
#2 Get intimately familiar with Loan Assumptions/Mortgage Wraps
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Does anyone know what type of account you can transfer your 401k to, and then borrow from it/ pull from it? Without any penalties? I know I heard it’s possible, I just can’t seem to find out the right way to go about ...
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Hello everyone, My name is Steven McLeod and I am a wholesaler in Richmond, VA. Just wanted to say hello and thanks to everybody for sharing all the great info here. I myself have used BiggerPockets to close multipl...
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When looking at income, how much do lenders consider gross vs. net pay?
My take-home pay is significantly lower than my gross pay due to my large contributions towards 403(b), Traditional IRA and HSA. If lenders do ...
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I am opening a business account for my LLC with the intention to buy rental properties. After the account is open, i would like to move some money from my personal account into it. I will probably want to leave it the...
I’m an infant investor looking to buy my house hack this year. I opened a Roth IRA and maxed it out for 2021, but I’d like to use that money as part of my down payment. I knew I wanted to start investing but then I di...
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Can some body recommend me a IRA friendly with a Real Estate Investor business model?
Hey good people,I'm interested in house hacking a 3 bedroom home. Most of the deals that I've analyzed would have me break even or contribute $200 or less towards the mortgage each month.I am wondering how this would ...