I am curious, if you use a self directed IRA in a BRRR strategy, when you refinance the house, can you take some of the proceeds out as cash; or, does it all have to stay in the IRA?
There's tons of discussions about great rental markets for 80k houses that rent for 800/mo (cleveland, memphis, KC, Indy, OKC are perennial big hitters).
What about the markets that have fairly easily rentable 2k hou...
So I'm about to write an offer for a prospective deal, and I'm pretty sure I've buffered enough renovation costs for the amount I'm offering. However, I'm concerned about the costs I may incur during the due diligienc...
Hello!First post on BiggerPockets, as a huge fan of the podcast. Oddly, I'm a bit proud to have a naive question to start with.My business partner and I are in the process of creating an LLC, and I realized I have som...
I greatly appreciate any comments/corrections you have on my calculation!3 properties are involved here. R, A and B.In 2010, we converted our primary residence R to rental. At the time of conversion, the property R’...
Hey! Just starting out here in BP and in my REI journey. First and foremost, I wanted to introduce myself to the community so ....hi! I’m Elliott.I’m being relocated by my employer from Queens, NY to Boston, MA. Not q...
Hi all,
I am so glad I found this forum. I am new to RE investing but have 2 rental investment condos totaling about $80K located in Georgia, and my primary condo in California totaling $350k. They are all deeded a...
After running the numbers on some BRRRR deals in Burlington, I'm left wondering if a bank will finance these cheaper properties. Is there a standard minimum amount that you have seen on an initial (pre-repair) loan? S...
If I receive a lead from a homeowner who is behind on their mortgage payments, what things should I be considering to avoid wasting time on a property that cannot be saved from foreclosure? Is there a point of no retu...