Michelle B.
Purchase Flip With 401k - Help!
So - I have a bunch of cash tied up in a property that is under contract. Supposed to close on Friday and the buyer is having marital issues. Might have to go back on the market.
In the interim - I am under contract...
Batool Hussain
DSCR loans vs Conventional
I am closing on my first property using FHA, interested in buying a 2nd property.What other financing options can I use?DSCR? What are the pros and cons ?Any other financing options ?
Harry Karambizi
I am afraid my credit & complex tax situation is a death sentence
Hi! New to BiggerPockets! I was an airbnb investor for a few years but my financial situation got really complicated. Now, I am in a great financial situation and am looking to start investing again. However, I really...
Kelly N.
How much cash to keep in reserve?
Hello all,
We are just staring out, closed on our first rental property in January and waiting to close the second. Our plan for the the first year was to purchase two cashflowing properties, then use the cashflow ...
Dan N.
Best financing option for first flip
I have been considering my financing options for my first flip now and haven't been able to determine the best course of action, any input would be much appreciated.
I'm figuring my first project will have ...
Tyler Haanen
Owner Wants to Occupy Month After Closing
Hello Everyone,I need some advice. I am closing on a duplex in a few weeks and have just learned that the owner would like to occupy their current unit until the end of September (a week and month after closing).I am ...
Elisa Zheng
Residential VS commercial loan for multiple fourplexes
Hi everyone, I'm new to multifamily investing and my realtor sent me a few fourplexes on separate lots in the Chicago suburbs. I'm thinking about buying 4-6 of these fourplexes. I'm debating if I should get one commer...
Jamy Lomento
New Investor: Go Conventional or Use Hard Money?
I'm a new investor seeking my first SFH. I have enough cash to cover a 20% down payment and repairs but would like to use as little of my own money as possible. I plan to buy in the next 90 -120 days, then cash out re...
James Davidson
401k withdraw & the Coronavirus
With the CARES Act and the ability to withdraw 100% of my 401k without penalty I am very close to pulling it out as a loan to myself. This way I essentially have 3 years to pay it back and when done it still grows. Wh...
Quy Huynh
What contract terms for a Build To Suit, Single Tenant deal?
There is a parcel of land I've identified to purchase with interest from a national chain wanting to do a single tenant net lease build to suit deal.In preparation for negotiating a lease and executing the build to su...