Calan Hollingsworth
Purchasing with Cash, Financing Later
I have an opportunity to purchase a large piece of land with cash that has an existing house on it. I am purchasing the property below market value, and would like to finance the property after making minor renovatio...
Andrew Cobb
How to get Funding
I have located numerous properties In Pensacola Florida which will produce cash flow. My only issue is that I have no money, am just now building my credit, and my parents think I am crasy so they won't help me. W...
Jquan Wabinski
Financing my first rental property
Hello,
I am a new member at bigger pockets but I have been reading for some time. I am currently in college and have taken an interest in real estate. Most notably income producing rental properties. I liv...
Marv Edelstein
Does refi in an IRA cause UBIT
Purchasing a rental property with financing in an IRA creates a UBIT (Unrelated Business Income Tax) liability. However, If the IRA purchases the property with cash, then borrows to rehab, and then holds as a rental f...
Damon J.
Conventional Mortgage with LLC?
I have purchased a triplex which I will be renting out. The purchase was made with a conventional mortgage and in my own name thus the best financing options.
Obviously it would be advisable to own this property in a...
Francis A.
Refinancing - credit ramifications of moving a mortgage to another lender
Hi,I have been wondering about this. When a lender (Finance company # 1) issues a mortgage and then turns around and sells it to another lender (Finance company # 2). Does your credit take a hit if you were to take th...
Nicole P.
Using an IRA to Finance an Investment
I have yet to purchase my first RE investment and I have been looking at different financing options, along with still educating myself in other areas.What are your thoughts on using funds from your IRA to finance a R...
James Calabrese
When to secure financing in the timeline of a residential deal?
Hey BP Community,I own my primary residence and am working to buy my first investment property (currently looking in Long Beach, CA. I live in Santa Monica, CA). One thing I’m a little turned around on right now is w...
Uriah D.
multliple land/residential parcels from one seller - Raleigh, NC
Im about to send out a contract for 4 parcels of land/residential totalling ~13 acres in Raleigh, NC. I was wondering from those more experienced in this if I should be sending out 4 separate contracts for each or 1 c...
Pete Harper
10 unit Apartment Complex
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,100,000
Cash invested: $700,000
10 unit stand alone apartment complex. All units are 2 bedroom 1 Bath wit...