Christopher Wilchensky
Investing in Fundrise / other similar areas
Just wondering if investing investing in vehicles like Fundrise / diversyfund, etc is worth it at all for minimum capital deposits? They advertise that for as little as $500 you can invest in their portfolio. Is Put...
Richard Rozo
NYC no money down disaster turned profitable investment.
Investment Info:
Condo buy & hold investment in Rego Park.
Purchase price: $250,000
Cash invested: $25,000
Sale price: $413,000
In 2006, real estate market was in a bubble and I was afraid I ...
Huey Fontenot
The Basics of Hard Money
My partners and I want to go the route of hard money for our first property. What are some good probing questions? What documents do we need to have to complete the process?Thank you in advance
Steven Daley
Down payment for multifamily
Greetings BP Family, I am interested in purchasing multifamily properties but unfortunately I dont have the 20% to use for my down payment so I am trying use creative financing to obtain a property. My scenario is to ...
Shaun Skeffington
Question On Using 401K
Hey Everyone.. My wife has a 401K plan she had with her previous employer and does not work anymore. We called the investment company that has it and stated we cannot borrow against it due to her not working anymore. ...
Robert Shedden
Proof of Funds - Personal Loan From Family Member
I am negotiating my first deal (fix and flip) and need Proof of Funds. Here is some background...I've been going back and forth with a seller working through propoffer.com. The original list price was just over $100,0...
Arnold Caceres
Borrow against 401k for real estate?
Hello all,As many others in corporate America, I have some savings tied up in a 401k. I still have many years before I can retire and withdraw penalty free, but I was investigating and saw I’m able to take out a loan ...
Greg P.
Bank Recommendation for Mortgage Equity Withdrawal
HelloA couple years ago my wife and i sold an apartment at an excellent profit and did a 1031 exchange to another apartment. We now rent that place and own it outright, it is in a condominium building and has been ren...
Rona Faison
Anyone using a solo 401k for purchasing properties
Hello,
I have a solo 401k that I have not done much with but thought about using it to purchase buy and hold rental properties. I'm interested primarily in multi unit properties duplex to fourplex and would be looki...
Joshua Dorkin
Bush Proposes Stimulus Package of 1% of GDP - Thoughts
President Bush today proposed an economic stimulus package amounting to 1% of GDP. His ideas included:
Immediate implementation
No Tax Increases
Bolster business and consumer spending
Tax rebate check
No Spending Pr...