David Honeycutt
I have one rental, what should I do next??
What’s up BP,
I currently have one rental property that cash flows around $240 a month, the tenants are great and have already asked to renew the lease when it is up. I bought the house in 2014 and have about 90k ...
Don Barlow
Vacation rentals in Ragland New Zealand? Any experts to partner?
My wife is from North Island and we have began investing in the states but would like to consider NZ since we have family there who could help manage rentals. Have never bought property in NZ. Know a little bit about ...
Horacio Gutierrez
Family Loan for Down Payment on rental property
Hello,I'm planing to borrow money from my cousin for a down payment on a rental property, and the rest of the money will be come from a bank. My concern is that if something happened to my wife and I, my cousin would...
Tyler Roshell
BRRR Funding for <50k?
I have found a home for sale, that I think would be a good first BRRRR project. The problem I'm having is finding funding to get the deal done. The purchase price would be about $30K and it would need about $10k for r...
Daniel Hedges
Getting funds for repairs on a rental
I would like to pick everybody's brain for a moment. I have had a thought about borrowing private money for both the purchase and future repair costs of a rental. I have found that I always had to wholesale and stoc...
Alfred Litton
Paying Taxes with LLC if You Don't Want to Take Profits Out
So my wife and I created an LLC with an EIN and are about to fund a company bank account with our savings. It's a multi-member LLC, and I know we have to pay taxes on the profits (minus allowable deductions for the bu...
Sean Ridlon
Refinancing, LOC, or a portfolio loan?
Hi, guys and gals. I've looked at this topic on a few searches of the forums but thought I'd ask my own question. My partner and I have two duplexes, a three plex, and two single family rental homes in the state of Oh...
Elliott Wood
GED vs High School diploma
Hi! I am 16 in high school with a deep passion and obsession for real estate investment (I'm kind of a newbie). I have always really hated the normal school system, and always found myself learning more about things I...
Lamont Marable
Why use OPM? I don't get it.
I'm looking at a duplex in Indiana that @joshmatthews from Indy Urban sent over.Quick Math:PP - 185kRR - 1.9 - 2.3ktaxes - 3.6k roughlyHere is my question, I can close this deal myself @ 48-50k DP but to use OPM for t...
Arnold Caceres
Borrow against 401k for real estate?
Hello all,As many others in corporate America, I have some savings tied up in a 401k. I still have many years before I can retire and withdraw penalty free, but I was investigating and saw I’m able to take out a loan ...