Charlie Gruber
401(k) loan to fund real estate purchase
Wanted to start thread on pros/cons on using a 401(k) loan to finance real estate purchase. From the research I've done (links below) sounds like a bad idea but curious if anyone has different perspective.Research li...
Stephen Jones
Enlighten me- Federal funds for a multifamily purchase
Hello All,
I'm in need of a little explanation and advice on acquiring federal funds for a 30 unit multifamily purchase in the Midwest area. The apartment complex I'm buying is an old school that was converted into...
Garrett M.
Using off book funds to close home purchase??
I am closing soon on an investment property using conventional financing and 25% down. My question is: Is it ok if, at closing, I wire funds from another of my personal checking accounts that was not reviewed as part ...
Chad Bailey
Using a HELOC to fund next SFH purchase
Hello,I currently own a SFH LTR in the Katy, TX area and the home is owned outright. I'm looking to expand and buy other LTR SFHs and am curious if anyone has experience pulling a HELOC to use as "Cash" to competitiv...
Allen Mack
Funding rehab for a property you already purchased
New investigator here! My wife and I recently purchased a 4 Plex earlier this year. The deal was so good we jumped on it and paid cash with the intention of finding a lender later to fund the rehab. We are now running...
Christina Mahesse
How to Fund Rehab on a Cash Purchase
I'm looking at purchasing a property in Detroit. I have a pretty good idea of which neighborhood I'd like to buy in. I will be purchasing with cash & all of the properties I'm looking at will need some rehab. I'll...
Bernie Huckestein
Can I purchase Condo(s) and mix funds
Question:I have an opportunity to purchase VERY nice oceanfront condos -- 6 of them which is the entire complex. Would be purchased from family (but not prohibited family). The deal is quite attractive; however, I'd...
Lyle McCartee
"Pooling" funds to purchase/invest in a property?
Hi colleagues,I have a SD-IRA with less than $2,500.00 in it. I started the account last year with a custodian out of Texas, and really haven't done anything with it yet. I would really like to start using it to my ad...
Matthew L.
All cash purchase with 1031 funds then refinance
I have a rental I'm planning to sell in a few months and I'm thinking of doing a 1031 exchange. Couple of questions.1) The purchase price was $165k and I had a $132k loan, approx $126k left on the loan. Recent comps a...
Freddy Hernandez
HELOC to Fund Commercial Multi Family Apartment Purchase?
Hey guys,
A few years ago I bought a foreclosed triplex for about $150k. After extensive rehab work, I moved in to one of the units and rented out the other two. Soon after I began the process of a cash out-refinance...