Hey everyone, I have a 401k from a previous employer that I was planning on moving into a self directed IRA. I just was wondering if you are allowed to borrow on margin with it? I'm sure every place is different but I...
TLDR - The Appraiser blew up my refinance and valued my house at $385K (currently have $405K of loan balance). I purchased the house for $426K 16 months ago and was recently appraised for $433K 9 months ago.
Super fr...
I am trying to find a creative way to fund my first investment property. This quest has led me to a few questions that I can not seem to find answers too. First the back story.I am a veteran, I bought my first house a...
I want to help my son buy a Duplex or bigger as his first investment property and have a few really basic loan questions. Will he need to qualify just off of his income or will a lender also consider the rent he can c...
When you borrow money to purchase notes, how is that personal loan secured for the person lending the money. I have a person willing to lend me money to purchase npn but he wants to know how he's loan is secured si...
Hello all, I am a new to real estate investing and still in the research and reading phase. I have read that when you buy a property you have to hold on to it for 90 days to avoid some sort of penalty. So when you fac...
I am looking to purchase a home with my sister in CA. We will both be on title and are planning to split costs and ownership evenly. \I intend to owner occupy the property while she will use it more as a second home. ...
Hey Bigger Pockets!I’m looking at my first property and it will be a buy and hold. It’s a 4-plex in a diserable area, and it will cash flow now and after upgrades (more on that later). This is assuming I go with a co...
I borrowed $120k from a family member to buy a primary residence for me and my family (I will pay him back $1k/m for the next 10 years, starting next month, or refinance if needed).Last night I was talking to my wife,...
Hey guys,I need your help. Here is my situation. My parents own a single family home in Brooklyn NY with a very low mortgage balance of 70k with an has appraised value of 900k. The issue here is that they are both ret...