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When I’ve found a good price for a 3-4 unit. Where do I start gathering all the costs? What if there are tenants already living there? I’m not too sure as to where to start with assessing costs yet.
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I need a quick answer if anybodys looking. I found a 24 unit property in Waterloo Iowa and sent a message to the realtor requesting financial packet. Just got a reply today and she tells me ;
"Hello Scott, Seller req...
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Brand new to BP other than listening to many podcasts.Self-employed and have been using most extra income to reinvest in my business to grow it. I'm curious on thoughts surrounding using HELOC/ IRA/ Roth money to purc...
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Any best practices around buying down points?
I’m considering a cash out refi. 70% LTV on a property that will likely appraise around $450K. I can buy down the interest rate. It would cost me $13,835 to get down t...
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Other than using them just for wholesaling?
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Hi all,
Im looking to get started in real estate. I've been doing some research into it over the last few months and decided that within the next year I want to have my first property purchased. Looking more towards ...
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I have been using a SDIRA and am now thinking that a solo 401k might be more beneficial. Any thoughts on the subject?
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Ii have 2 rental homes I bought at the downturn in 2009. Both have doubled in price and stay continuously rented. Am looking to buy additional real estate thru a self directed IRA very soon.
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I want to take funds out of my 401k to help start my first investment. I will be paying back into my 401k over 3 years. Will this be a wise decision? Is there a way to take funds out without getting hit with taxes?
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I have being reading and listening to podcasts about using the IRA money to invest in real estate. I am clear on all the restrictions and I am willing to take those funds on my current account to produce more money an...