Kyle Brumenschenkel
Growing Capital
I am a newbie currently working on a business plan and ready to do some deals. I see great opportunity, in my area, in buying forclosures at auction for quick resale. I need capital. I'd like to here everyones input o...
Charlie McClskie
1.15 acre with 5 lots for mobile homes
Found a 1.15 acre lot with five lots. The property is clear now, but it once had 3 mobiles on it. The seller wants $31.5K for the property, but would probably take $25K cash. Lots could sell individually for around $8...
Harry Shmelts
House Hacking with DPA??
I am wondering how house hacking with a DPA would work? I make 60k/yr and only have $15k saved up which I know could really only cover a down payment for duplex currently. So for that reason I am wondering if there ar...
Justin Walters
Creating Self Directed IRA for existing LLC
I think I know most of the answers to the proposed question and do know that it will require the proper steps through a real estate attorney and/or CPA. For my own edification, I wanted to propose the following.Curre...
Georgia Cooper
Using OPM for short term rentals
Hello,i'm in the early stages of considering using OPM for buying short term rental properties in Europe. Has anyone got experience of this?If so, how did you structure the deal with your investors? Thank you!
Matt P.
GAAP - Chart of Accounts - Down Payments
I'm creating a Charter of Accounts for our new buy & hold business. I'm obviously not an accountant but I'm trying to follow GAAP practices so my P&L and Balance Sheets look solid for the bankers...What type ...
Tamer Shalaby
Stay in residential or buy a commercial property
Hello All,
Please help decide or expose my blind spots.
I have 3 rental properties in Sothern CA, Orange County area. I have low debt on all of them. I am 45 and have a career, I do not depend on RE for income. ...
Howard Barrett
My next move: sell, remortgage, hold, diversify? Advice needed.
Hey guys. It’s my first time on the bigger pockets forums and I’m looking for some advice on my next investment move. Sorry for the long description but this needs some explaining.
I’m English but moved to Porto in ...
Jeff Wang
Pay off debt tax-free in 1031 exchange
Hello,Many years ago, my family helped me purchase a house and gave me a portion of the downpayment. Fast forward to today and I've made a nice profit on the house. I'm currently in the process of doing a 1031 exchan...
Mark Bills
Retirement Account(s) with a Loan Provision Option
Hi BP World,
Here is my situation, I currently have a 401K plan with my employer which I contribute to weekly, this plan does not have a match option.
What I would like to accomplish
I would like to borrow agains...