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Hi All,Just out of curiosity. Would it be advised to borrow from 401K to buy a second investment property? I'm in the process of buying my first rental, but would love a little more cushion to purchase a second. I'm 3...
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Hello everybody. I've got a question about how to best utilize a HELOC I am taking out on my primary residence. Here are the basics around that and my current REI situation. I will have a HELOC of around $35,000 doll...
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I have been investing in realesate since 2011. Here is a quick run down on my current situation. My father has been my 50/50 partner since day one. We buy severly distressed properties, do all the work ourselves, and ...
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Received our first rent check. Feels good. I have certain amounts that i want to divy up to go towards future expenses (capex etc). We also set up a competely separate account for the house. Do we leave that excess in...
I am new to real estate investing. I’ve been listening to biggerpockets podcast, and reading books for a while now. At this point, I’m just ready to take the plunge and start creating passive income. I have approx ...
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Hi BP Community! I am looking for any advice someone may have for my current situation, thanks for any help!I own a SFH rental in Peabody, MA which has appreciated quite a bit this past year. Right now the LTV is appr...
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Hi BP’s- new to investing but not a complete newbie. A little background:Both my husband and I have been in construction for 20+ years, both licensed GC’s, hubby is a licensed plumber. Both self employed.
Not sure wh...
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I have an unusual situation that I hope someone may be able to help me with. Here’s the background; I have a newly remodeled two story, two family home that has all new pex plumbing, new hot water tanks, new fixtu...
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Hello BP!
I'm Melvin Yuen and I'm going to copy and paste most of the information I put into my profile.
Educated in finance and accounting; working experience in Accounting and General Construction...
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Hola guys! I'm a new investor reading, listening, soon to be writing and still learning a whole lot. My mother owns a small house to which she has added a couple of big ticket item improvements. We have not had it app...