A friend of mine recently retired with a very, very substantial amount of money in his retirement accounts but is now having issues getting funding for a personal residence. He currently lives in CA, and is in the pro...
Hello,Today I read "Set For Life" by Scott Trench. It got me thinking about my current situation with my 401(k). My background: I am 25 years old and am focused on absorbing as much information as possible about real ...
Anyone using cash as collateral for a line of credit? I've got a local bank that will provide LOC that's 2.5x the cash amount (100k in cash gets you a 250k credit line). Curious if others are getting better/worse offe...
I am a newbie and within the past year have closed on 4 units that are cash flowing very well. My ultimate goal is to retire at a very early age and live off of the cash flow of my properties. My unit count goal for...
Why I like investing in real estate more than 401(k)s.
Both offer tax deferrals, but here's the difference:
If you're making pre-tax contributions to your 401(k), then withdrawals = ordinary income tax.
With real e...
I know there are several companies out there offering unsecured financing via credit cards. Has anybody been through the process? Would you do it again? What's the down low on the whole deal?I'm curious to know why ...
Hi all,I am a newer member on BP and this is my first post. I am looking for thoughts on whether I should pull money out of my Roth401k from work to invest in RE? I know typical tax advisors etc would tell me no way b...
Hello BP Pro Community!
I have an investor who wants to act as a limited partner (in this case his LLC will provide 100% of the equity, he will get 50% of the profits along with 80-100% of any losses, and he will n...
Embracing New Opportunities in the New Year
As we transition into the new year, it's imperative for savvy investors to keep abreast of the evolving landscape surrounding retirement savings plans, especially when it c...
Hello everyone, i have a few questions about building credit at a young age.What are the first best credit cards to get? What are ways to build a strong credit profile? Are credit unions really the best rates out ther...