What shorter-term lending options are available to smaller real estate investors and what are the terms that are generally available (max lending, interest rate ,security, etc.)?
Curious to know if there are some cre...
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Hi All!
My husband and I just looked at two duplexes. We can buy them individually or as a package. Here are my calculations using the BP analysis tool if we buy them as a package:
Monthly Income: $2,79...
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I've bought a couple foreclosures on the courthouse steps and so far I've done ok doing my own title research. One thing I'm not exactly clear about is bankruptcy. I know you're supposed to check that and I know the r...
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Hi Everyone,I want to withdrawal my $88,000 out of my 457b retirement account to assist me in purchasing a rental property. I understand that I will pay 10% in penalty as well as 24% of state taxes on it as well, leav...
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I have (what I consider) a good chunk of change sitting in a traditional IRA. I'd like to use that money to fund flips (in and out in less than 120 days) and/or use it for transactional funding.
The financial adviso...
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Hey BP members, I could use some advice on how to approach a potential opportunity that recently presented itself to me. My brother-in-law’s girlfriend’s father owns 5 rental properties in my area (greater Charlotte, ...
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Looking to add a 3rd SFR investment property to my portfolio. I tried to do a conventional 30yr fixed mortgage but was turned down by my normal lender due to the tax write offs over the last year with my other propert...
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Hello BP friends! I'm trying to secure a property from a fellow investor who is looking to offload a property in a market that I'm very familiar with. My Property Manager brought me the potential deal, but I'm struggl...
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Hi, I'm applying for my first hard money loan. I've spoken to this HML over the past year but this is the first time I've gone this far with this lender. Other than the loan details like LTV, rate, and points, What ...
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With now being able to take out money penalty free from a 401k and where the market is currently, would taking the money out now and saving it for investing in real estate be a smarter move long term? Especially with ...