Andrew S.
Newbie wants to buy SFHs in affluent area of NJ, but cap rates too low?
Hi smart real estate investors...Newbie here. Quick background: I have great day job, and high-pay profession, on track for retirement, but when I almost bought a deferred annuity for $550k (starts paying around 40k/y...
Tina Lee
Getting involved on hoa of a small condo building
Hi all, I own 2 unit on a small condo of 20 units. Currently the President want to quit. Should I step up to help being a secretary or vice-president? Am I getting myself into any kind of trouble or should is let othe...
Matthew Greco
Leveraging a 401k and an IRA
Good morning BP,I want to rant a tad and then ask some advice.I'll make the rant quick. Why did I ever invest in a 401k. They suck! Worst of all my employer doesn't match a dime.... /End of rant. 😀Ok seriously now. I ...
Michael Kretch
Pros/Cons of PAL (Pledged Asset Line of Credit)
Hello,I'm currently in the process of applying for a PAL. Basically, it is a revolving line of credit secured by cash and securities in a brokerage account. The line can be used for non-securities purchases, such as...
Michael Bishop
Using an FHA 203(k) on a Foreclosure Multi-Unit
I'm thinking about buying a foreclosure multi-unit in the Austin, TX area using an FHA 203(k) within the next year as a buy and hold property. Looking for some insight from those who have done similar deals or have kn...
Ian Broadie
Hard Money Lender
I have a duplex under contract and I was intending on using a FHA 203K loan with 3.5% down. However, due to the fact that I've been in real estate just over a year, I can't use my income so I ended up needing to use a...
Timothy Chi
Crossroads between paying down debt or saving for a higher down
Hoping to purchase my first property: dupex as a house hack. I have called some local lenders in WA state to get a feel of what I'd get on a mortgage. It seems that many lenders only care about my DTI ratio and not t...
Drew Weidner
Need A Pennsylvania Hard Money Source For Owner-Occupied Home
Hello, I need some help figuring out how to put a deal together.Here are the details:Home Value - $325,000Selling Price - $285,000Owner has an existing first mortgage of $190,000 that needs to be cleared. He is willin...
Ian Hogan
Will the housing bubble finally pop? When will it crash?
Everyone wants to know for their own reasons — whether it's to exit the market, to prepare and safeguard investments, or to finally be able to invest in the market since the housing prices are so high right now.
Upfr...
Jacob Allen
National Guard Related Tax Question
I'm keeping a tracker of my mileage for tax deductions through real estate. In doing this it dawned on me, can you write off the mileage that you drive for drill weekends as well?Given that drill weekends are only on...