Charles Simon
We love our 12+ CAP for $335K
Investment Info:
Large multi-family (5+ units) buy & hold investment in Merrillville.
Purchase price: $335,000
Cash invested: $80,000
Purchased this 14 unit mixed use property as a buy and hold. ...
Chad Trail
Gap Funding Advice Needed
I am looking at getting into an industrial property ASAP. I’m looking at combining hard money and gap financing.
The HML will do 70%, what does a gap lender typically cover? What terms do gap lenders like to see?
...
James Bapst
Financing options for a guest house on our property
We are looking to build a guest house on our property. It is our residence and the guest house would be at the rear of the property and we would like to rent it out or eventually move a parent in if needed. So far I'm...
Guillermo Garcia
HELOC for a down payment on unimproved land
Hello BP community! This is my first time venturing into the real estate world so I decided to get a little feedback from some of the pros! I have a primary residence that I have lived in for 2 and a half years with a...
Fred Gonzalo
to PAY off credit card debt or NOT to pay off credit card debt?
DEBT TO RATIO is holding me back enough for banks to say NO everytime i get to the underwriter part. Truly stinks and a waste of time for everyone..If anyone with same experience can give me tips or advise id truly ap...
Molly Jones
30 year lease in Thailand
Ive lived in Thailand the last four years and have an opportunity to purchase a 30 year lease on a brand new fully furnished eco 1 bedroom at a beautiful tropical location that only gets busier each year. I also love ...
Jon Binder
Personal/Solo LLC Taxation - Borrowing from Self-Directed 401(k)
Hello,I must begin by saying.....WOW! What a community here on BP! I stumbled onto this site from a Google search for a question that I had and was instantly hooked! So, thank you all for the education thus far.My que...
Kenta Burks Jr.
How to rent this home
Ok I have a house I was wholesaling for 18k but bought it for 10k but thinking on it I think I want to keep and rent out. How could I buy it with no money right now?
Erik Garland
Help on self funding my LLC
Okay BP family. I've funded my own portfolio since inception. Please help with the tax implications. I have made my LLC personal loans from myself with reasonable interest rate, amortization, etc. I understand the...
Keleen Culberson
Using OMP as a beginner.
Hello BP community! My name is Keleen and I am new to REI. I have been doing a lot of research on how to invest using little to no money down by using OPM since capital is currently my biggest constraint. I have di...