Brent Mattison
IRA to fund LLC
I have been contemplating using money from my IRA to fund an LLC and get started in multi family. I know I'll be taxed and pay penalty for early withdrawal, But I feel I can make up that money plus more with REI. I ju...
Ellie Narie
Selling one expensive property to buy 10+ cheap ones. Thoughts?
I have a house hack FHA fourplex that I'm thinking about selling. I don't currently live there but have lived there for 2 years. If I sell it, I might make around 200k+. My goal is to get a lot of cash flow so that I ...
Petit Morne
$550 / mo rent on $12k condo???
So I am back at it with these low purchase price condos.
This is for a 1br/1ba downstairs unit in a 110 unit complex.
Current owner bought property 6 months ago, rehabbed it and is flipping it (I talked...
Account Closed
[SF bay area] Selling primary residence to buy investment properties and rent myself
Hi all,I am from Fremont, CA and want to get started in investing in buy and hold properties.I have read lot of posts on BP and done research of my own. I have explored areas like Sacramento, Stockton etc but I feel ...
Joseph R.
How to sell new construction in middle income area
Hey guys - I'm having trouble selling a spec house I recently built and was wondering the best way to market it. It's located in a middle-low income area with the average home price(used) being around 170-180k. We ...
Mark Gibbs
NPN-2nd position, first in foreclosure
I'll get this right out of the way up front, note newbie (i.e. 1 note). I am looking at a second that has an unpaid balance of approximately 30K. The first is foreclosing on the borrower, the court date is set and the...
Walker Seid
stock market in free fall
Just curious what everyone thinks about the global stock markets falling and it's potential effects on the real estate market.
Danielle Wolter
Best Ways to Get to Know Your Market
I am a new OOS investor looking for some good ways to get to know your market. I’ve spent time scouring through the BP forums reading everything I can about different areas. I’ve checked out crime stats, average rents...
Jake Baxter
New CT member with a question, tracking down a home owner
Hello Bigger Pockets!First I'd like to say how amazing Bigger Pockets is. The little bit of information I've already found here on the forums, plus the podcasts and Brandon's book have been pure gold. I can't get over...
Steve Saussier
Mortgage Loan Transfer (Assumption) Deal - Is it a good deal for me?
Hi,
First post here after reading amazing content by you guys.
I am thinking of assuming a mortgage by the owner in a city in NJ. The owner bought his house in 2002 with a normal interest rate but lat...