I'm thinking about taking out a $25,000 P2P loan (Lending Club, Upststart, Prosper, etc) at 6.9% interest rate for 36 months, and then investing in a note fund with a pref return of 10% for 36 months. I've put it in ...
A financial advisor has told me about using a Single Premium Immediate Annuity (SPIA) as a vehicle to lower my capital gains with the sale of my rental property. It is to be setup as a structured allotment sale over ...
I bought this home from an HOA foreclosure auction. The house is worth $650,000 (conservatively). The previous homeowner took out a mortgage for $275,000. Since I bought it from an HOA foreclosure auction, I know the ...
Hey BiggerPockets Community,
I am having some issues with overcomplicating my analysis' right now. If the numbers look "too good" I feel like I may have not accounted for something or am overvaluing a certain aspect ...
This question is for those of you that do this as a living, and as a supplemental income.
What is/was your initial primary source of income? And if you've since gone into doing REI as a primary source, how secure di...
Hello BP,
I was hoping you pros out there might be able to give me a strategy that would help my mom stay in her house.
She owns the house free and clear but the house is very big, the RE taxes are high, the upkeep ...
I saw a listing on the MLS for a property that is accepting all short sale offers. My first question is...can a short sale be wholesaled? If so, do I have to tell the lender or bank that I plan to wholesale the prope...
Hello BP Community!A bit about me:
I’m a newbie rental investor.
I’m a resilient military spouse.
I’m a learning mother of two.
I’m a believer in a better world and people’s kindness.
I’m one to pay-it-forwa...
I am buying my first property for rental income . It is 4-plex . I have couple finance options. The first one Is putting %10.5 down 4.62 interest rate no seller concession . So I am paying 37K out of my pocket with ...
walked out during the break to do some homework before shelling out the $2k they wanted to attend the 3 day bootcamp. They said we would get our money back if we didn't triple the tuition amount in 6 months. Though th...