Hello Everyone,This is Colin, i own a e-commerce business, which is a really good passive income that can replace my regular income. i want to take a loan on my company name, which readily available for 150k + at 7.8...
Hi BP community.First post, I'm the seller of a SFR, and will be carrying the Note (seller financing) to help out the buyer/tenant who is someone I know.I have no experience in such deals. Is there agreements/contrac...
Long time reader, first post. I recently graduated with an enormous amount of debt (>150,000). This is causing my debt/income ratio to be too great for many traditional lenders. I currently generate $3,200/month wi...
Good morning BP!!!
I have recently run into an issue that I rarely hear spoken about on podcasts or on the forum but I’m sure someone somewhere has had the same experience. I am currently a college student finishing ...
Hi. Does anyone have experience with using 401k for RE investing?
Hi all - first time poster, and I have a question on best approach. For my current primary household, I used a 401K loan as a down payment. There's 36k remaining on the loan. I am currently putting an in-law suite add...
Hello everyone! I’m a newbie and will be closing on our first LLC rental property next week:). I did a 30 year cash out refi on my paid off home so I can loan that money to my LLC to buy this property cash. I have a l...
I want to borrow money from my IRA to buy a rental. It would be a loan bcuz I will put the money back after I refinance.
Would I be charged penalties/fees from IRA?
Because time is of the essence, I want to make sure I find the best way to do this transaction, and if I am even ABLE to do this transaction. I am aware a sibling is not a disqualified person and my brother wants to ...
Are there any typical minimum terms that those providing seller finance impose on the buyer? Surely as the whole point of selling financing is to obtain a long term steady income, it wouldn't be in the interest of the...