Hello, I would like some help understanding the math related to taking a 401K loan. - I have a 401K which allows up to $50,000 loan for any purpose- 6.5% interest- time period can be 6 to 60 months- it is paid back wi...

Hello,If you borrow from your 401K through an employer, is it typically 50% of the account balance that you can borrow or is it 50% of the employee's contributions?  In our case there are earnings and employer matchin...

My father, despite never missing a payment in his life, has fairly mediocre credit due to, we think revolving debt. 2 Questions:

1) We think some of it may be because the credit bureaus view 2nd loans from ba...

I’m working on a mortgage for a primary home and these stipulations seems very strange…am I being paranoid? I sold a vehicle and paid off a credit card (2500 dollars)  to improve my savings and borrowing rate, now the...

I keep hearing that net worth is very important. My particular strategy is to acquire buy and hold cash-flowing properties with at least some appreciation potential. As such, I'm not clear why the specific number of m...

So, let’s say I am considering the topic and idea of the prioritization of paying off loans.To me, it only makes sense to consider the principle of the question for the initial prioritized list. I believe that conside...

Hi Guys,As Hard money is becoming more and more competitive with their rates, what type of structures are you able to get from private money (non-institutional) $ these days?  Trying to figure out how to structure my ...

Let’s say the worst case scenario has happened, and now you’re at the auction for the property you had to foreclose on.  How can an investor afford to open the bidding at the price of the UPB and costs?  If you win, d...

Hello All,

I just took over a new property and plan on living in one of the units for awhile. The current tenant was currently on a month-to-month lease agreement and I plan on keeping that the same when I move in ...

Hello BPI just closed on my first SFR rental house less than a week ago. I put an ad on the popular rental sites 2 days before closing and got flooded with applicants before I could even show it. Yesterday we were clo...