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Hello BP,Pretty much my entire adult life I’ve planned to buy a multi family as my first property to owner occupy and offset the cost of a mortgage and not be house poor. Until recently I was nervous about making that...
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I had a seller contact me that doesn't want to sell their house via a conventional retail listing on the MLS, but wants to sell to an investor because they want to rent the house back for a year after closing. The se...
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Found a nice property but To make these numbers work, I’ll need a commercial loan with a 30 yr amortization. I’ve called a bunch of banks/ credit unions/ brokers etc but I’m hearing 20 and 25 yrs. I know they exist s...
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I have been investing in VTSAX through a joint brokerage account. I'm debating if I should start maxing out a ROTH IRA or regular IRA in addition. From what I understand you can withdraw from a ROTH at any time, so it...
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So the winner of the latest Powerball in California hasn't come forward to claim their winnings yet.Powerball WinnerSo I started thinking about this and day dreaming about what I would do with $40 million. Would I re...
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My father has some annuities coming due this spring. A couple of them(his + inherited from his wife) are held inside Roth IRAs. It is my understanding that you can hold property inside a self directed Roth IRA. It ...
Any landlords or investors know of ways you can defer taxes on real estate profits?
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We're at a crossroads of what to do and seek advise from experts both in the investing and financial areas. Here's our situation...Our Home is worth $450K (according to comps provided by our RE agent). We own the hous...
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Hey BP folks ... I'm a relative newbie investor with two homes currently and the cash in hand to acquire one, likely a duplex.A lot of the webinars talk about ... what's your why, what's your goal? It seems like the "...
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Investment Info:
Single-family residence fix & flip investment in Streator.
Purchase price: $70,000
Cash invested: $20,000
This is my first property. Currently working on the purchasing, it Is c...