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I recently heard that investors can take money out of their IRA to lend as hard money lenders or to buy notes without paying the 10% penalty to the IRS. Is this true? Has anyone done this? Any replies would be appreci...
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Hello, I’m a new investor in the Chicago area and recently closed on my first househack. For my next deal, I’m interested in a 2 or 3 flat with value add opportunities. While researching properties in the Chicago area...
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Hi all, I'm looking to get into short term rentals in Wisconsin (1-3 hours from the Madison area). I've been reading a lot about city and county ordinances and many of them aren't the most forgiving. For example many ...
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My first tenants moved out the other day so I went over to the property today to change locks and do a few other things. I was surprised to see how dirty the property was. There was no damage to anything but they had...
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Utah's tax deed auctions are coming up and I was wondering if anyone who has been to them and could give me some insight. I live in Arizona and we do tax liens here and I'm only interested in raw land and want the de...
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Hi fellow investors,
I recently inherited a fully paid off investment property, I estimate it's worth $500k. It is currently cash flowing $1300 a month. I have student loan debt from grad school with a balance of $16...
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How does one start lending their own money to other RE investors?
I am curious how this process works, what rates/ terms are common? Is this a common practice? Risky?
Looking to learn more about this space
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I am in month 5 into owning 64 units over three properties in the same city, but split between 2 different property management "companies."I am out of state and sold office building on a 1031 exchange. Otherwise new t...
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Hi everyone! This is my first post and I am new to bigger pockets. It goes without saying the advice and content on here is incredibly helpful. I have many questions, but will start with just one.
First all I...
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Good morning everyone!
I have been trying to do research on liens and note investing for the past couple of months, as it seems like a strategy i will venture into, but like to get extremely well informed way before ...