This could seem like a silly question, but I am going to ask it anyway to gain a better understanding of how a HELOC works. So….If a HELOC is a line of “credit”, what’s stopping me from using my personal credit lines ...

Hi everyone, We've been thinking through the best way to save for kids college.  We have two kids and have been maxing out our state's 529 plan.  Quinn is a 3 year old boy and has about $18,000 in a 529 account alread...

Hello BP enthusiasts...My first two flips were successful, but like most, raising capital is a challenge.  For our next two flips (both under contract)-- advisable to use Hard Money or my old (separated from employer)...

This might be the wrong group to ask, but I wanted to ask what many of you self employed real estate pros are doing for health insurance? Anyone know about any way to get into a "group" of some kind to save money on ...

Hello!I am fairly new to the forum but have been quietly following some of the post. My husband and I are in the process of buying our first investment property, a multi family short sale in Puerto Rico. The plan is t...

Since note dividends are taxed at the same rate as regular income, and there are no tax benefit like depreciation or mortgage interest deductions, I am looking back to real estate to help avoid keeping 63% or less of ...

I currently have about $115k in my Roth IRA. $60,000 is contributions. If I understand this correctly, I think I could pull out $60,000 for a 10% penalty ($6000). If I pull out the whole thing I think I would get hit ...

Hi All,
I need to sign a new PM contract for a MF property I own out of state (CA). I have some issues with the terms of the contract and would love to know what is "normal and customary" verbiage and if there mat be...

Hello Everyone,Im not sure if this is a stupid question to ask, but I am generally curious about the subject and would like to know what is the best step to take. Should I cancel my 401k?To give you a little backgroun...

Is it smart and/or is it even possible to cash out a traditional IRA to buy investment properties. The cash out would be approximately $130,000??? I’m a beginner investor and is there away around eliminating or limiti...