Tony Sepassi
flipping a MD property but not a MD resident
Hello,I want to flip in Maryland, infact I have one property which I will be going for closing soon but I know Maryland has this law if you are a nonresident and have not lived in the property 2 years out of the 5 yea...
Stan Hopp
Solo 401k contribution
I am new to Bigger Pockets I have opened a Solo 401k. May I pay myself a salary from the cash flow of my SFHs as an active real estate investor and then contribute that money to the Solo 401k up to the maximum all...
Scott Adams
Advice on In-Kind transfer of a property held in a Solo 401k
I am considering a In-Kind transfer of a prop I hold in my Solo 401k Trust. Would like to discuss with anyone that is familiar with this, and discuss options. Thanks!
Allie Pfannenstiel
How Should I Finance My First Purchase?
Hi BP Community,I am ready to buy my first property in Arizona - question now is how should I finance it?I have been travelling for 2.5 years and don't have traditional W2's to show the banks. Would I qualify for a FH...
Melanie Carter
Action-Oriented New Investor in Central Wisconsin
I'm currently an SVP in mortgage servicing for one of the big banks and have been in the mortgage industry for 15 years. I got my MBA in finance over 10 years ago. After reading "Cash Flow Quadrant" last October, a ...
Veronica Ivy
When to form a Solo 401k: before, or after leaving a W2 job?
Hi y'all. I'm about to leave my W2 position and basically be a full time professional real estate investor. I am super sold on the benefits of rolling over my 401k into a Solo 401k and then buying rentals with it.
My...
Anthony R.
Using Pre-Tax Rent To Paydown HELOC
So it recently occurred to me that I might be setting myself up for failure. Earlier in the year, I bought a new building, but instead of traditional financing, this time I used my HELOC to purchase it. The numbers ar...
Steve Bruza
How to properly use my LLC
My wife and I have a member managed LLC for about ten years. We own two rental properties in the name of the LLC and we own 10 more rental properties in our personal names. All of our properties have mortgages on th...
Dan Krupa
Payoff mortgage early or not?
BP Pros:I have done a ton of research on paying off mortgages early. With interest rates at historic lows and given that early payoff return is equal to the interest payment, I see expansion as a better option. Additi...
Kelly Miller
Newbie From St. Louie (St. Louis)
Hello Bigger Pockets Community!!!
My name is Kelly and I am looking into starting a Real Estate Investment Company.
I began my journey a little under a month ago when I decided that working for someone...