Hello to the BP Community. I am a newbie to the forum and very excited about and interested in what I have read, as I can see there is a lot of experience out there that I know I can benefit from. I am a REI, civil en...
Hello everyone!Is it possible to approach a lender and ask them if you can leverage your 401K plan to take out a line of credit? Is this even possible, or will it mess up anything with your 401k? Obviously there are r...
Hey all, I'm a noob to all this but had a question and looking for some guidance. I have two out of state properties, both mulifamily. I owner occupied one and bought the other as an investment. The investment propert...
Using basic numbers, assuming I sell a property for $10M and after cost basis is accounted for and mortgage is paid off, I have a net taxable gain to me of $3M.I'd like to purchase a rental lake house property for $1M...
I've been reading @Mark Ferguson's website and been thinking about his loan strategy of taking out 5 year ARMs and focusing on paying off the mortgage within 5 years. I know other buy and hold investors in Bigg...
Hello friends,So I took a chance and mailed out 2(yes, only 2) letters to two different apartment complex owners. I had some free time and used the google machine to find their home addresses. Three days after mail...
Hey
everyone! I'm hoping for some advice as I look start my real estate journey. A
bit of background - I'm 28 years old, and have been contributing to my 401K for
the last 5 years. Thanks to all the great informati...
This is my first rental property. Recently just bought a 5 Unit rental property and already having problems getting rent from 2 units. One of them in Unit 5 I met was a family who longer wants to move to a better neig...
I'm going through the process of assessing and making an offer on a multi-tenant building in Oakland.My main concern is that all the tenants are paying well under market rate ($800 for 1br, $700 for 1br, and $900 for ...
Hello BP community,
I have recently started listening to the BP podcast and lead me to this website. I have read a few posts and decided why not try my own in hope to find guidance and constructive criticism.
I work...