I'm confused. Can you borrow money from solo 401k for personal use? I understand like buying your primary resident. Can you take a personal loan? Personal loan can be buying a car or anything personal like that ri...
There have been several threads started here by folks asking questions about Unison but no responses from anyone that’s actually used the program. Just closed a deal in Brooklyn representing buyers using the Unison Ho...
I’ll try to keep this as short as possible. I purchased my first real estate investment property in October 2018, under a newly created single owner LLC. My intentions from the start was to purchase outright then reha...
Hello BP!!I’m just now getting into the rental world. I’ll be getting my initial funds from a HELOC on my primary residence. I have access to about $70k. I’m looking to purchase my first investment property, looking i...
So I was getting ready to leave on vacation for two weeks (Alaska) when I get a letter from the Chapter 13 Bankruptcy Trustee. One of my tenants that has been a renter for more than 2 years recently filed.
I tried ...
I would like to get financing on an abandoned commercial multifamily property in Tacoma WA. The property has more than 4 rooms so it don't qualify for residential mortgage. I intended to use it to help the special n...
This is potentially going to be my first deal so I apologies in advance if my info and idea isn't as succinct as it could be.My wife's family is in Louisiana and looking to sell 6 rental homes as they are moving out o...
I am looking to buy this 4 plex. Am i missing anything with my numbers? How does everyone feel about the offer price? There are no comps in the area for a 4plex. Asking price: $159,900Offer price:$130,000 w/ seller ho...
My tax preparer recently mentioned the possibility of taking out a loan from my 403(b). He mentioned that a good thing about this is that I would pay back the money to myself, with interest, as opposed to the governme...
Withdrawal from IRA?Due to COVID I have access to withdrawal from my IRA penalty free. The purpose of the withdrawal would be to put the money directly into a real estate investment. I will still will have some money ...