Shanai Rogers
Wholesaling Financial Plan
Hello! Given the recent event and my current read, Rich Dads Guide to Investing .. I would like to know, when making a financial plan in regards to wholesaling what questions should I be asking myself so I can correct...
Christina Tabacco
Self Directed Solo 401K
Thank you to all who have posed over the years the benefits of a Solo 401K vs Self directed IRA. Correct me if I am wrong but from what I have read here as a self employed agent with an LLC, a Solo 401k would be a b...
Jonah Geil
Zoning violations - Multiple units in R5 zoned house, how common?
Hi - NEWBIE ALERT!We're first-time investment property buyers. We're looking at buying a house that has been running as 3 units for many years. However, it's zoned R5 for a single dwelling. I'm aware that code violati...
David Bittorf
Is it smart to draw early from Roth IRA to invest in real estate?
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 ...
Darrell Campbell
203K Loan through a credit union
Hello,
I'm speaking with a friend whom is planning to buy her first home. As I'm speaking to her she also wants to do a 203K loan, I told her she should check with credit unions verses using Wells Fargo. She stated c...
Justin Bailey
How to Financing a rehab?
I have rehabed 3 properties now. 2 hold 1 I sold. They have all been out of pocket. I'm talking to a lender about different loans. The property that I'm going after is a single family that I'm planning on turning into...
Quentin Hollis
How do I avoid triggering a due on sale clause with a subject to deal?
I'm currently working on my first real estate deal and will be buying a property subject to the owners existing mortgage. I've done some negotiation with the seller already and we've agreed on the broad terms of the d...
Account Closed
explaining to a seller
so i am typically a wholesaler and i asked this guy how much ison his mortgage. he said it is none of my business. so i explained that depending on the strategy i plan on using, i need to know the mortgage. for an ex...
Joshua Briscoe
first time house hack (va loan) (repairs)
Hello again Bigger PocketsI would appreciate advice from the experts and tax gurus on my situation as I am new and possibly about to buy my first property.I am under contract (VA loan) for a tri-level that has an in-l...
Matt Anderson
Can my neighbor be my property manager?
Is there anything to be careful of (legally) with paying my neighbors (that I trust) to be my property manager when I move out of my house hack?To be clear, I have no intention of them being in charge of finding/scree...