I am considering getting by Residential GC license in Georgia. One area I am exploring other than actual construction projects is renting/borrowing out my license to others to use. Does anyone have experience with t...
Hi all! My wife and I are trying to get creative about scraping every penny together that we can. When evaluating our assets we noticed that the largest untapped potential is in a sizable stock/bond portfolio that is ...
I was looking to barrow $25K from my 401K. Talking with a co-worker our 401K allows us to borrow up to 50% up to a certain dollar limit at 4.45%. I was going to pull the $25K over 36 months paying $371 bi-monthl...
Hey guys and gals,I found a SFH that is foreclosed and needs some work. I am interested in purchasing it and keeping it as a rental after I do the needed repairs and fixes. Here is my issue...In the last two years I...
Hi everyone,I am planning to buy my rental property using money I borrow from my mom. I was wondering what is the tax treatment for that. Can I count the interest I pay to my mom as mortgage interest and get deduction...
This question popped up in a conversation I had with a fellow note buyer today. We are buying 1st position NPLs mainly in the southeastern US and all loans are boarded with FCI who has the proper licensing required. I...
I’ve searched this topic but couldn’t find the answer I’m looking for. I have a friend in college who is looking to buy a home to live in while attending school but doesn’t have the down payment or income requirements...
Hello all,As many others in corporate America, I have some savings tied up in a 401k. I still have many years before I can retire and withdraw penalty free, but I was investigating and saw I’m able to take out a loan ...
Background: current flipper and landlord with a partner, wanting to invest some solo. I have about $250k in equity on my personal residence. I would like to either 1) purchase a rental property myself or 2) Purchase l...
Hello,i been stuck researching on this topic, i have lenders (family & close friends). but the lenders are denying me giving interest for the borrowed funds. im just lost on how to go about it: