Goal 1: Pay off mortgage on the home you live in. (With no plans to borrow against it in the future.)Goal 2: Begin, grow and accelerate real estate investments using leverage. (The monthly cash that previously was pay...
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I am a certified alcohol & drug counselr for 2 years now. My fiancé is disabled from the military, together we make great money, low credit scores around 600 or so. We want to buy a house but can't find any one to...
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Hi BP investors,Out of excitement and also confusion, I decided to post about this new "treasure" I found. I found an 8-unit multifamily building that's for sale. It first got me excited because of its great location....
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Can I use funds from my self directed IRA to purchase a piece of land. I believe I can.Can I build several homes (i.e a subdivision or apartments ) on that land and sell the homes? I'm not a builder, so someone else w...
A couple of years ago we bought a property sub2 from a seller. Since we have been making timely payments on the seller’s behalf it has increased his credit score to the point that he wants to buy another house and he ...
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I am new to BP and loving the wealth of information on this app! So a little background on me....Through time while in the military I have acquired three SFH which I have dedicated to each of my kids which bring me ca...
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I know that opening a new line of credit will hurt my FICO in the short-run, but will raising my credit limit on an existing credit card have the same effect? Would it count as "new credit"?
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So I am doing more digging on self-directed 401(k)s. Specifically I am interested in the i401(k) and LodestarSD Solo 401k, although I am not sure that they are functionally much different other than the fee structure...
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Good Morning all,Location: Maine, 45 min west of Portland. (Small rural town) Little about me. Engineer (full time), Landscaper (part time), Realtor (Part time). Looking for my first rental property. Have a client wh...
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My wife and I are mainly looking at 2 towns for our first primary home purchase. We're used to renting in North Jersey at $2,400 a month comfortably so that's our budget. In town #1 we could buy a house for $300k b...