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I am going to buy my first property and the bank approved $140K with 25% down. Loan amount will be $105K. But bank total charges will be $4,452.47 (1533.47 prepaid item and closing cost $2,919.00. Is this reasonable c...
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I keep hearing that marketing is the key of success with real estate investing and I see there are many ways to do marketing. I have done few of them but I'm curious to get some ideas on where should I put my marketin...
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I was talking with the guy at MySolo401K about trying to open a Solo 401K. I have a Sole proprietor LLC since 2009 where I was doing consulting and training. My business did really well, but almost 2 years ago, I star...
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Greetings Everyone,Any advice on starting a direct mail campaign?Let me tell you a little bit about my specific situation.I'm looking to start a direct mail campaign that would market beachfront lots that I will make ...
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Hello,
I am looking for information on closing costs for all cash purchase of 60-90K property in Texas.
Could someone please share their closing costs on a recent deal?
Thank you
Nick
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I am wanting to transfer my 401k to a self directed 401k. I am having issue finding a CPA who is well versed in all the nuances involved in this. Any BP members who know of a Central Florida CPA who is a pro at real e...
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Hello BP,I recently came across a deal. The property is in the suburb area of Baltimore County, Maryland. The deal requires all cash and since we don't have that much cash on hand, I am thinking of partnering my LLC, ...
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Just landed my first deal through Direct Mail. Closing was today. I'm not wholesaling the property but flipping it. Wanted to see what other people have for their conversion rate of how many letters to land one deal, ...
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Self-directed IRA is an amazing way to take tax-deferred advantage of the cash I have piled up in my 401k, and funnel it into real estate. I intend to take the plunge immediately, but there are so many providers out t...
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Hello,I am starting the process to move my company IRA to a self directed IRA.Can you please provide recommendations for the best custodians for a self directed IRA.Thanks in advance for any recommendations.Cheers.......