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I’m thinking about borrowing 20k from my 401k to get started. Is this a smart idea?
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I have a person trying to sell 10 homes, pretty much his whole portfolio. I would like to buy the homes unfortunately I dont have that type of money. How do I go about borrowing money to buy the homes and then getting...
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Hello, I purchased a duplex in January and now that the house is complete I have no more cash to pursue another investment property. My father told me that he can put one of his houses that is all paid for in my name,...
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Hey guys, I’m new to the investing side of Real Estate, I haven’t done a deal yet, and I’m eager to learn as much as possible. One question that I haven’t been able to figure out is when you borrow money for a flip, h...
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Good Day BP, I need a second opinion. Would it be logical from me to borrow money from my 401K to purchase a home whether for myself or for rental purposes? Can this be done? Are there any other strategies you'd sugg...
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Hi,I have been speaking with a quite a few HML's to get an idea of how much it costs to borrow money. I am working on getting my first fix and flip out of the way (the toughest one, apparently). With that being said...
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My wife and I are selling one property to purchase another. We were doing a bridge loan to secure the property prior to selling our current property. Now we are being told that the funds from the bridge loan will not ...
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Hi everyone,I'm new to "Private Money Lending" and I have some ideas of information to collect from the borrower for it but I'd like to know what information you as experienced Private Money Lender collect. I apprecia...
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I'm sure many have done this. I'm curious to hear some stories. Also, do you think a regular loan is best/ Shares? a combination? What interest rate is fair? Thanks!
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Hello everyone!I am looking to buy my second property, I purchased the first using a bank loan. Now my parents are wanting to buy the next one in cash, due to high interest rates. How best do I go about doing this? Ar...