Looks like financial regulators have closed Silicon Valley Bank. This bank has high exposure to tech & venture capital, however I was surprised to see this headline so soon. I have seen several articles stating th...
My husband and I intended to do a reverse 1031/investment exchange that has gotten a little too complicated. We've identified the replacement property, to make the numbers easy costing $300,000. We plan to live on it ...
Have been reading forums & listening to podcast for over a year. Focused on cash flow & so on multi-families in part because of Bigger Pockets. Bought our 1st property last spring ($94,000 3-unit, using conven...
Hello all-I am looking at 10-25 unit properties. I plan to avoid having an agent, since I feel comfortable with understanding valuations, and want to be able to provide a better value proposition to the Seller by avo...
I just set up my solo 401k under uDirectIRA, and the LLC that will be 100% owned by the 401k, and ready to buy real estate using the LLC.
My question is regarding taxation. Should I give my LLC's EIN number or my 40...
I’ve been listening to Mitch Stephen’s podcast and seller financing seems like it’d be a good fit for our business. Can someone share their insight on the financials of carrying a note vs getting the big pay day now. ...
Question for the BP forum? What do you do when you are tapped out of liquid cast to jump on a deal? This is for general knowledge and also evaluating my situation question. Say you have a seller that wants out complet...
Hello!I have just closed on a 2 unit property in North Carolina and inherited tenants in one of the units. They are paying way below market value for their unit and it would be ideal if I could either propose a rent i...
Hi BP,I'm looking ahead at options for mortgage #5 and I was curious for the 6 months piti that you need on hand if that has to be cash or could it be held in a retirement account like a roth IRA or TSP. For example, ...
My wife and I currently own and occupy a 2-unit property. Things have been going great and we are going on 5 years living here. We are looking to buy a second property hopefully a 3-4 unit. Most of the properties In f...