Gordon Starr
Should I hire my own kids to work for me?
Hey everyone,I am a sole proprietor with a steadily expanding buy and hold portfolio. My kids are age 8 (son) and 10 (daughter). As a single dad with sole custody, the kids have always tagged along in some way - somet...
Jay Thomas
Lesson learned from My First Deal. What could I have done?
I just closed on my first buy and hold deal, a HUD foreclosure. The closing process was way different from when I closed on my personal residence. I was hoping this HUD foreclosure process would be similar to that and...
Patrick Boutin
Refinancing hard money loan into traditional lending
Hey guys,Quick question as I just got an idea that I wanted to explore. With traditional financing, it seems that 20% down is the norm versus the 3% - 5% lenders may be willing to accept for owner occupied financing (...
Michael Szypulinski
What materials would you use to improve a rental property?
Hey everyone,I wanted to see what recommendations the BP community has when it comes to rehabbing a property in preparation for it to be rented. 1. What kind of material would you use that is ideal (low cost, durable...
Maria D.
Using an IRA account for RE investing?
I'd like to use my IRA account to invest in RE. What is the best way to do this without liquidating my IRA? I'd like to use the money without actually withdrawing it to avoid paying income tax on the withdrawal. What ...
Doron Rice
Lender doesn’t allow down payment money to be a gift
Hi,After contacting a few lenders I’ve realized that the down payment money can’t be a gift. Does anyone have an idea how rigid is this rule and if there is a way to work around it. I did receive funds from my parents...
John Hyun
Need advice on LLC and insurance for a newbie investor
Hi everyone,I've been doing plenty of research on this topic and thought it was time to seek some outside advice. I've owned a 4-plex property in Long Beach, California. So my following questions are.1. I work full ...
Jonathan Ferrari
Want to start my first deal. How Do I Approach Homeowner?
Ok so I am getting to the point where i have done most research, have my business together,business cards, bandit signs,about 10 cash buyers ect. I think im ready to start my first deal. I can find a great deal and i ...
Bill B.
East Cleveland
Hi,Are there any East Cleveland landlords that can help me with a valuation of a property? A note is available, secured by a duplex in East Cleveland. I do NOT own the note and this post is not about seeking buyers....
Sam Wilson
How to finance a property with maxed out DTI
Hello everyone, first of all I want to thank you for taking the time to read my post and hopefully give me some advice. I am a newer investor in the Portland area and I need advice on how to move forward with financin...