Antonio Salgado
401k withdrawal without penalties?
Hey everyone. So I know this question has been posted before but here we go -I’d like to cash out my nyc TDA account. It’s like a 401k. I no longer work for the city. I have 98k. I could do a loan for 50k. If I cash o...
James Clifford
Short Term Rental, Airbnb, Vacation Rental RE
Hi Everyone,I am new to BP and excited to make some connections. I recently formed my own company to assist commercial Short Term Rental (Airbnb) operators find more units and scale. I have personally negotiated and s...
Brandon Low
Does it matter how old a house is if its completely rehabbed?
As the title says... Does it matter how old a house is if it has been completely rehabbed? For example, lets say we have 2 houses:House #1: Built in 1950 but has all major items rehabbed like roof, plumbing, electrica...
Elton John
Just closed on first deal ! Am I beating myself too hard on numbers
Side by Side Duplex Purchase Price $365K
B+ area
Negotiated roof to be replaced and property needs about $10k in cosmetic work.
Income potential $3.6 - 3.7k
PITI - $2.6K
Rent Vacancies - $185 (5%)
Repair & C...
Sean Maloney
Other and best ways to use built up equity In properties that are free and clear
I have several free and clear properties. Besides HELOC or lines of credit are there any ways people are using built up equity to secure their deals? I have heard of a way to tie a property with equity to others to sa...
Michael J. Ray
Deal under contract
I have a deal under contract for 30k ARV 248k. It’s a vacant land lot. Is this a deal or no?
Eric Perez
Heloc on Rental
I have a property that was purchased owner financed with a Deed of Trust in 2011. I subsequently moved out of the area but kept the property. A family member moved in and pays the PITI. So essentially it’s a rental no...
Karim Baker
San Diego Gut Rehab
I inherited a property, 2 story 2200 sqft. 4 bed 2 1/2 bath. 1981 built. It's going to need a full gut. About how much should I budget for a GC to project manage. I don't have the time to sub out myself for this big o...
Kip Werking
SLC New Inventor Looking to Build a Rooming House from Scratch
Hi, I'm a new REI guy in SLC (attorney by day).I like house hacking, costseg, STR, and BRRRR strategies, and I'm trying to combine all of them into my next deal.I basically want to create a new built, from scratch, on...
Ramon Cuevas
Modular home recommendations
Hello BP community,I have a lot under contract in Round Rock TX with a mobile home that needs extensive repairs. The new zoning would not allow me to replace the mobile home with a newer unit. My only options are to r...