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My monthly income from an annuity is $1600, which ends in January. Then I will have 0 income. I need to purchase a rental ASAP. According to my DTI I only qualify for $75k from my local credit union. I have a LOC from...
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Can someone help me understand the best way to propose a creative financing for this deal? Probate deal- PR is closing out estate and proceeds will go into trust for grandchild (12yrs old) of deceased. ARV 200,000, ...
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I'm interested to see if anyone has either performed seller financing on their first deal, or if they know of anyone who has!I'm looking at a self-directed IRA for a real estate investment with some retirement funds s...
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Read this today and thought it was interesting and worth sharing. It is from the Journal of Accountancy. If I am reading it right it is saying that there we will a 3.8% tax on rental income. Please give your feed b...
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Question to my BP colleagues. I have a seller that want market price for his home. The home is completely paid for, and the only rehab that needed is interior paint and new carpet. I'm trying to structure a deal, and ...
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It's raining here again but a good morning to be studying and I hope to fit in another great podcast from BiggerPockets. I retired quite early from a career in IT with the US Courts with a small annuity and some ...
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Good evening,I am a young Financial service professional. I work a lot with securities, annuities, and insurance, but I am looking to start getting into real estate as a second source of income. I’ve read about BRRR a...
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I plan to retire some time next year and need some advice. I have a 401k invested in stock funds, and would like to avoid the ups and downs of the market. My goal is stable passive income, so leaving the ...
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