I'm not sure if this is a legit term but I've thought about this before and then I ran the numbers and was pretty excited to see what I came up with. Perhaps many of you already know about this and I'm just behind the...
what does this government bail out mean to us? Should I put a hold on looking at property? Should I stop trying to pay down my house? Should I consider pulling out the 25k+ equity i have in it already? What do you...
Hi everyone, I'd like advice on how to proceed.Its a commercial condo on a downtown mall in a small city. Prices are generally high here, and cap rates don't get too high.The tenant (long time coffee shop manager has ...
I've decided to make my next investment a "live and flip". The plan is to buy a distressed property at the right price and use a 203K loan to fund the bulk of the rehab work. Once that work is done I'll be an owner oc...
Hi BiggerPockets,I have read the book advanced tax strategies and want to take advantage of the Self directed Solo 401(K) I have a few question and was hoping the community could help me out.Currently I have a W2 job,...
Hi guys, first post here. Site has been great so far. Here is my situation:In September of 2014 my parents made me the beneficiary and Trustee of an Irrevocable Trust. We put their house, which would sell for roughly ...
I have posted before regarding my problem with my investment properties (see: Is it possible WAMU will lower my principal?) . I took the advice of this group and immediately put the property that has the best chance ...
The NEW lease-option design...As I understand it, one of the requirements of the new Consumer Finance Protection Bureau, birthed from the Dodd-Frank legislation, is that ANY lender in an installment sale has to verify...
Brandon recently said that $200 of cashflow after expenses (including mortgage) on a house is a homerun. I am aware that different markets produce different results, but what is the minimum amount of cashflow you woul...
I would like to buy my first property. But idk what is going to happen with all this covid going on.. what are you guys doing?