With many seasoned real estate investors locked into low first mortgage rates and large equity positions, many borrowers and investors have been exploring tapping second position loans like home equity lines of credit...
Can you guys help me out with this?I know that the rents deposited into my LLC bank account can not be just transferred into my personal bank account (Because if I do it then it pierces the corporate veil) 1) But what...
Hello, This is my first time posting in the forums. However, I have been researching methods, listening to podcasts and reading articles here on BiggerPockets. I am a recent college graduate with little capital and lo...
I have someone who agreed to gift me the down payment for my first purchase (Multi-family and I will be occupying). But after discussing with him about pulling from his investment account (401K), I’m not convinced tha...
I have a basic question. How can I invest in a rental property in Kansas City without providing 20% down? This rental property will be my second mortgage, so a few lenders I have called thus far require 20% down. Do I...
I am considering using the funds in my solo-401k to do a BRRRR.
First question, I guess, is what are thoughts on this? Good or bad idea?
I've ran through the process and I think the most important thing is not comm...
I was told that I can not provide "services" to my SDIRA like doing repairs to a rental property. But where do you draw the line? Can I manage the property? Can I do the books? Can I negotiate to buy/sell property?
Hello,I am looking for input on the best way to finance my next rental property. I currently own 2 rentals; one with 20% down ($45k) and the other with 25% down ($50k)...both properties have a conventional mortgage fo...
Hi Everyone!Nearly 3 years ago I finished reading nearly every article and blog posts here before finally feeling confident enough to buy my first income property.About a year later I finally purchased my first income...
I'm going to be purchasing my first rental properties in the next couple months with hard money loans. I would like to pull equity out soon after to pay back the loans and lower my monthly debt payments. I know that 2...