William Kuczmera
Is Cashing out my 401k to buy a duplex a good idea ?
I currently own and live in one side of a duplex I picked up just over a year ago. I am anxious to purchase another. I am strongly considering cashing out my 401K in order to be able to afford the 20% down payment tha...
Ray Jimenez
Raising Private Money FAILED
Hello BiggerPocket Family,I just wanted to present to you guys a package that I put together to raise private money for a deal that I was working on but unfortunately I failed. I just wanted to see if I did something ...
J. Martin
Prices Peaking / Market softening in SF Bay Area? What have you seen?
Are things softening in the Bay Area, and if so, are you changing/modifying any of your strategy because of it? I was up at Bay Area Wealth Builder's RE meetup in Corte Madera (near Marin) last week with @Kathleen L. ...
Ben Petersen
RE Agents: Insulting to lowball offers?
Hey fantastic RE agents of BiggerPockets! Earlier today, I was speaking with a friend of mine regarding a few properties that I am looking at. One of the property’s is a SFH fixer upper and the owners are “extremely m...
Martha Chavarria
Self-Direct Solo 401 (k)
Hi BP family!I've spent months in researching my next move with my 401 (k). I've made the decision that I will rollover my 401 (k) to a self-directed plan which would allow me to start investing in Tax Liens and perha...
Josh Tschirgi
Quality Tenant That Refuses to Communicate
Hello! We invest in single-family homes in Southwest Washington (State), and the SFH I'm writing about is located in Vancouver, Washington.We have a tenant (a mother and two high school age children) that have been e...
Dustin Caldwelll
First Right of Refusal
I had to relocate to Chicago from ATL for my job and hired a property MGT company to assist with renting out my home in ATL. We found a tenant who owns his own company, wants to pay in advance with 3 month incremen...
Account Closed
80/15/5 (95% Cltv) loan programs are back!
Example: 400,000 purchase price 80% ltv 1st mtg.= $320,00015% ltv 2nd mtg.= $60,0005% down payment= $20,000Avoids Monthly PMI payment Very strong financing program for multiple reasons
Pope Lake
Delaying Investment Until Next Economic Downturn
Hi BP! I'm currently looking to purchase a property in Birmingham, AL to buy and hold. I know that this market is currently great for this strategy, and hope to find a property that adequately cash flows. Ideally, I ...
Donna Hempel
Landlord worst nightmare scenario- Need advise
I am going through the worst nightmare a landlord can have.
Backstory: I put up my house for rent in December when my last tenant had to move out due to getting a job in another state. I was getting tons of queries a...