Nathan Yee
Transitioning IRA and old 401(k) to Self-Directed IRA
Hello BP Community,I'm looking clarify the following questions:What would the tax/penalties (if applicable) be for rolling over 1) my ROTH IRA and 2) my old, traditional employer 401(k) into a Self-Directed ROTH IRA? ...
Phillip Dougher
RE partner wants to go big. Am I missing something
Hello fellow investors. I have a lot of interest and past experience with multi-family homes. I left the military and in turn left my properties behind. I didn't like the idea of not be close, so I sold them. I've...
Account Closed
Avoiding the Death Spiral
Are you proactively managing your property or is your property starting down a death spiral?Horror stories abound about the problems first time rental owners’ encounter managing their properties. The problem gets wors...
Amanda Scully
Ready To Begin, But Still Have Some Questions! Please help!
Hi All, I'm a new wanna-be investor in the Essex County, NJ area. I have already purchased my first rental property and am currently house-hacking for just over a year. My husband and I are ready to get the ball rolli...
Elena Livins
Looking to buy first home in NY
Hi all,Haven't been on here in a long time and look where we are now. Currently I am stuck working from home in my rented Brooklyn apartment, with my mother, longing for a backyard, privacy and cleaner air. Still I am...
Paul Moorer
Need some help approaching a deal
Detroit area sfr3,250 sqft 7 bed 6 bath Owner asking 275k estimating only cosmetic repairs and a plumbing issue last contractor was a friend who caught the covid and stopped work hasn’t touched it since also owner cur...
Jiva Segaran
Commercial loan refi asking Prepayment Penalty?
Aloha BP fam, Im doing my first cash out refi on a 6 unit residential property and one of the Bank's terms is a prepayment penalty starting at 5%. Is this common? I'm thinking of requesting they take that out but the ...
Bill Thomas
Capital Expenditures..Save for Big repairs vs Not
.....so how much or what % of your gross rent roll should be put away for capital expenditures such as a new roof, driveway, leaks or whatever large repairs that need to be made to your multifamily investment properti...
Mark Allen
Working Around 9-month Lead Time on $MONEY$ Using OPM
Background: I've connected with EB-5 Investors that will fund 100% of my deal @ 6% interest (pending deck I present and approval)... The catch is that there's a 9-month lead time due to I-526 review & processing....
Adebimpe Teluwo
House hacking. Confused on what to do.
I have been educating myself but every time i try to make a move, it just seems like i am not doing anything. I am trying to do the house hacking strategy. i have a good credit and a little bit of money to start. The ...