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I have a client interested in investing their retirement funds from a 401k. They want me to invest their money through an LLC. I will consult a lawyer, but before committing time- maybe you guys have some advice. I...
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Hey Guys,I've been hearing the term "over-leveraged" thrown around a lot in the forums. What is a healthy balance of leverage to have? At what point do you consider some one to be over leveraged? Can anyone provide an...
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Hello, Is my "Aggressive Payoff Plan" the right strategy, or can you help steer the ship in another direction to maximize future gains. Our goal for the next 10 years, is to create as much wealth as we can,..while not...
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I made an offer on a home and we were just informed they have a higher offer. Below is an overview of the details. Should I raise my offer?
Listed at $100k. The home is on a sketchy street but every street around it ...
I'd really appreciate feedback from those with more experience on this situation. Background: Spouse's grandfather passed away recently and left his 4 bed 2.5 bath home to his eight (8) kids equally. House has not be...
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So I'm about to write an offer for a prospective deal, and I'm pretty sure I've buffered enough renovation costs for the amount I'm offering. However, I'm concerned about the costs I may incur during the due diligienc...
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Now that I am starting to gather momentum in investing as well as my professional career, I feel as though I am getting close to the point where I am going to have to start thinking about a LLC or something similar. ...
My home worths $425K, I owe $200K. I am currently at 15 year 2.75% mortgage (11 Years left).
Option 1:
I can get a cashout refi at around 2.75% for 30 years with $125K cashout. I could use this $125K to buy 1 or 2 ...
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Looking at purchasing a tri-plex and one of the tenants has been at the property since 1998. (WOW!) his original lease was for $450 his current rent is $490 he has 3 bedrooms plus use of the full basement for storage ...
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Hello, everyone. I have been on BP for a little while now and even upgraded my account to Pro in order to use the analysis tools. But, then I realized I never posted an intro here. So, here we go...I grew up on a farm...