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Results (1366)
Tim G. Options for the future
25 March 2017 | 4 replies

Hello everyone,     I wanted to explain my situation here on the forum to see what advice I could get on options of where to park my extra cash. I currently own a SF home that I love but realize its a liability to my ...

Chi Ta BRRRR is a mythical creature that happens once a year.
17 June 2019 | 16 replies

So, after discovering the BRRRR method it all made sense to me that it's just a flip but instead of selling for instant profit you'll refi the property and hold it for long term gains. Great sounds like a deal, howeve...

Ornuma Panmunee Hold it, rent it or sell it ? transition from condo to muti unit
13 December 2019 | 5 replies

Hello. My name is Orn.
I'm having some difficulty making the decision and want to see what other options I have that I might miss.
Part 1 - the background story
I own a 2 bed 1 bath condo in Chicago since July 2016...

Lynn Currie Custom Projects, Banks, and Pricing Structures, and Contracts
10 August 2017 | 15 replies

Hello BP,Do any of you work with lenders on a cost + basis?  If so, when the bank puts their version of the buyer/GC agreement in front of you, do they make it a fixed-price contact? If so, how do you handle?I'm findi...

Mary Jay Does a business bancruptcy affect personal buying?
7 June 2021 | 17 replies

Hi guys,I have a good credit and have few properties (couple are in my name and few are in LLC's names)I have always wanted to open my own business but scared that if my business goes south it will prevent my ability ...

William Joel Idleman Self Directed IRA Hype?
3 August 2022 | 24 replies

It seems that the idea of a self directed IRA is a buzz word in the BP community.  If you use a self directed IRA, would you be willing to share what advantages made you choose that investment vehicle?  I understand t...

TJ Bardossas Broker Looking to Invest
14 May 2024 | 4 replies

Hi All
I'm TJ, I'm a broker in NY and NJ as well as an instructor. I have several years in sales, management and training but I have never invested.
I recently came into a significant amount of money or so it is f...

George H. Northern Virginia - Sell primary residence or rent?
7 June 2019 | 9 replies

After owning my primary residence for 5 years in northern Virginia, my wife and I are considering relocating. We are considering renting our house or selling it. However, if we were to rent it, we may lose around $300...

Hanbin Y. 2nd lien private money risky?
19 February 2017 | 10 replies

Hello everyone, I was presented a couple of opportunities to invest as a private money lender. It's either new construction or fix&flip. The thing is, both put me as 2nd lien in the note. I heard that 2nd tend to ...

Daniel Sherman 1031 Strategy - What to do with a Boot?
27 February 2023 | 6 replies

Hello Fellow BP members,We are closing on our first investment property on Feb 28th, 2023 and would like any advice from others who've successfully executed a 1031.  Our numbers:Purchased duplex in 8/2020 for $120K wi...