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Hello all! I am 23 years old and just purchased my 6th single-family rental home.I reached out to the bank to find out how many more I can buy. The answer? Zero. My DTI ratio is now too high which I expected - so it d...
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Hi BP Members!I own a SFH 50/50 with another person. He is wanting to sell and move to Seattle for his new job, but I want to keep it because it is a great long term positive equity and cash flow rental. The problem i...
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I am looking for an Insurance company that provides insurance based on the loan amount on the property and not their "replacement" cost for a rebuild, which are 2-3 times the real world costs. My Real Estate includes...
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What is you favorite solo 401K company? Why?
I see that My Solo401K.net has a very nice web site with loads of useful information.
I see that BroadFinancial.com also has a nice web site, but you have to call to lea...
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I'm confused. Can you borrow money from solo 401k for personal use? I understand like buying your primary resident. Can you take a personal loan? Personal loan can be buying a car or anything personal like that ri...
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I was listening to some old podcasts from "The Real Estate Guys" today. They had a special guest speaking about using life insurance as a better bank account for REI's.
Has anyone used Whole Life Insurance as a bank...
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We used our self-directed IRA to invest in a couple of properties as hard money lenders. The company we invested in filed for bankruptcy, liquidated their assets and no money was left to return to 90% of the investor...
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Hello,Looking for reference or information for a mortgage company or any financial institution who can do a long term mortgage refinancing on a Row house with ground rent in Baltimore where the owner is not register ...
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Hello,
I have a questions with regards to a multi-unit property that I am going to be purchasing with an FHA loan. Now it states in the loan that I have the intent on living in one of the units (which I plan to do). M...
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Hello Indy investors! I have a seller 12 months behind on payments and willing to sell me the property "subject to." The bank will be happy because we'll be able to get caught up on payments and avoid foreclosure. ...