Mary Wells
House Hacking - Financing Question
Hi BP community! I’m an aspiring first-time homebuyer in a VHCOL area, and am looking to purchase a 2B/1Bath condo somewhere in the region. My goal is to live in this first property for at least 12 months (but realist...
Gil Happy
Best Options For Developing 5 Acres of Land In North Carolina?
Hello,
In the future, we will be inheriting a plot of 5 acres in the mountains (Smoky Mountains) of Bryson City, NC (Swain County). Currently on the property, sits a single trailer (mobile home). We are trying to d...
Rubin Sanders
How Does It Work ?
So, I bought a piece of land that I planned to build a new home on for me and my family. After having plans and all construction documents done, we decided to move to a different area. Bought another piece of land whi...
Mary Kang
Solo 401K for distressed assets / Private lending - Set up LLC?
I plan to use my Solo 401K for investing in distressed mortgage notes, real estate and possibly private lending. From a business perspective and identity protection, does it make sense to set up an LLC under my Solo K...
Reid Hanley
Fannie Mae Homestyle Renovation Loan
I am buying and renovating a double wide mobile home as an investment rental. I came across the home style loan online. Has anybody used this loan product to renovate a mobile home? Curious what parameters they have ...
Aaron Espinoza
Creating a spread sheet to propose to highly/respected investors.
Hi everyone!! I hope everyone is having an amazing morning. let's get started, I have a property in Austin, Five min away from downtown that has been in my family for a really long time. As time passes the appreciatio...
Afor Olt
Buying a townhouse in Richmond area
Hello Everyone,First time posting here. I am from northern Virginia area and planning on buying a townhouse in richmond area for investment purpose. My budget is up to 400k and planning on down paying around 20%. My o...
Precious Thompson
Advice for applying FHA loan with credit no debt average income
I plan on applying for a FHA loan in March ,2018 which will make 2 years verified w2 income working full time, i have over a 700 credit score and an income of about 1,700 a month no debt(i also plan to get another par...
Yiani Georgiev
My first project (NEED SOME GUIADANCE)
Hello,
My name is Yiani, I'm 20 years old from Sofia, Bulgaria. I am really into real estate and I want to start as soon as possible, however I am studying abroad, and I'm constantly travelling. My plan for now is to...
James Davidson
401k withdraw & the Coronavirus
With the CARES Act and the ability to withdraw 100% of my 401k without penalty I am very close to pulling it out as a loan to myself. This way I essentially have 3 years to pay it back and when done it still grows. Wh...