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Have anyone used their 401k to purchase homes? Recommended or no? After so many years my job finally offer 401k. I was thinking of contributing to it as a savings to buy investment homes. The investment itself is not ...
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A friend recently introduced me to this "debt shredder" product, which they claim will do things like automatically structure your debt repayments (such as a mortgage) in such a way as to decrease total interest you e...
This week I went under contract on a duplex that I planned to finance with an FHA loan at 3.5% down. Right after I told my family about the deal, my dad reached out to me by surprise and told me he'd be willing to len...
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My wife and I did our first BRRR! Bought renovated and rented a 2 family in 12weeks Long Beach ny .Created $230k of equity minus the $70k for renovations that the renters are paying and still hoping to pull a $1000- ...
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Hello everyone, apologies if this has been asked before, but based on my research, for 2-4 units house, I don’t see any good financing products that have down payment requirement as low as FHA. That’s a problem if I’m...
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AirbnbIs it possible or practice to fund an Airbnb property using Hard money lending? If so, what do example terms and process/timeline, loan payback typically look like? As some of you know, I’m new to the REI busine...
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Hi BP,I'm looking for some advice, if I plan on going into a few local small banks over the next few months in hopes of building a relationship or two that I'm hoping to need about 9 months from now; what documents sh...
Hey BP community. I have a question and would like the communities thoughts on it.
I am in contract with a new partner on a mobile home, both as passive investors. I am planning on moving out of state and being a...
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I'm looking at a triplex here in my hometown have a couple questions.
First I'd like to get it for 3% down, if I occupy one of the units is that possible?
Second here's the info on it:
$92,900
Main level 2 bedroom,...
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Newbie to BP and REI! Enjoying all the posts and knowledge everyone has on here!I am currently a student (Loan repayments deferred for 12+ months). I have pretty good paying job right now while in school. Looking to u...