Does anyone have thoughts on pulling funds from 401k to start investing? After being on BP for a few weeks now im ready to start investing. I dont have enough reserves for a down payment. Any advise would ne greatly a...
Hello my name is Justin Reyes and I’m 30 years old. I been working for a company for only 3 years and have about $30k vested in my 401k. I want to take it out and buy my first property to possibly hack or 1031 exchang...
I recently acquired $100k HELOC.
My question is do I have to transfer funds to my checking/ savings account and let it "season" for 60 days before using it for down payment/closing costs for the purpose of getting a...
Hello fellow BP members. I am hoping to get an opinion on this question that has been hunting me for a few weeks now. So two months ago, I've decided to start on my business and the only way to purchase my first flip ...
Hello - I am new investor that recently started an llc with a partner to invest in buy and holds, and flips if the opportunity is right. I work a full time job with good income and great credit.
I have borro...
One of my realtor friends just switched from selling new builds for a builder to being an independent real estate agent. She has a listing with multiple offers. One offer was labeled as an "escalating offer" They offe...
So, a guest who booked my place but did not show up apparently filed a credit card dispute to get their money back, and I am now discovering that the financial institution that VRBO has partnered with is going to with...
Hey all, I did a cost seg study on my short term rental for the 2022 tax year. I'm a financial planner by profession & really wanted to understand the nuances behind this topic more. I love comparing the hype vs r...
A couple of questions for those who dabble in sheriff sales and foreclosures:1. What is your playbook when the existing owner still lives in the house after you win at auction?2. If you do cash for keys, how much do y...
Goal: Not working a W-2 job when I get out of the military in approx. 3 years. Problem: I have 2 investment properties, and no more cash. Solution: Liquidate TSP to buy investment properties? Does anyone have any expe...