Derek Rocco
If you had 20k in a self directed IRA what is your first move?
So my wife and I decided to move money from an old ira into a self-directed ira. About 20k. I’ve read all the rules about IRA so I understand the money needs to go back into it. All that said what is the best move? B...
Kevin Morris
Partnership with $$ history
Greetings all. I’m a licensed agent in East central Florida as well as a HS teacher. Wanting to transition to investing full time. Was approached by a friend of over 30 years to partner on some properties. Very close ...
Scott Trench
A Hodgepodge of Personal Finance Study Materials!
Hi All,I think most people on BP are self-taught or self teaching when it comes to Personal Finance. I know that my study has been a hodge-podge of Corporate Finance, blog and Podcast study, books, and trial and erro...
Stefani Mokris
Financing a property with a LLC
Hello!I would like to know if I want to finance a property using a new LLC, are DSCR loans my only choice for financing?Thank you!
Diane Tycangco
Cash Out Paid For Rental to Get Downpayment for Another Rental
Hello, I am thinking of getting equity out of a paid-for rental and use it as a downpayment for another rental. Someone told me that when you do not use the loan to buy, improve the property you borrowed money from, ...
Noah Swope
Starting a Private Money loaning business.
Greetings,
My name is Noah, and I am interested in exploring the field of hard money lending. Unfortunately, I do not possess the personal capital required to fund loans myself. However, I have a valuable network of ...
Jeremiah H.
Looking for beginer 1031 info
1031s are completely new to me. I've "googled it" and believe I have a basic understanding, but I've missed a few things. Here's a basic example, please let me know how I'm doing and where I've gone wrong. I've got $2...
Johnny Horner
Buy property cash with self directed solo 401k and refinancing.
Can a person use a self directed solo 401k to purchase a property cash and after you close get a loan and pay back the self directed solo 401k without any penalties? The thinking here is cash and quick closing makes ...
Danny P.
Do Hard Money Lenders only lend to LLCs?
I’m a new investor trying to get all my ducks in a row in order to purchase my first property. I’m aiming for a BRRRR strategy, so I’ll be starting with a hard money loan and then doing a cash out refinance with a loc...
Steven White
Person-to-Person Lending
Good Evening BP,Has anyone ever used person-to-person lending example: Prosper to fund a deal? If so, how did the whole transaction work out for you? Would you do it again?Thanks in Advance,Steve