Dan N.
Best financing option for first flip
I have been considering my financing options for my first flip now and haven't been able to determine the best course of action, any input would be much appreciated.
I'm figuring my first project will have ...
Ashley Keeler
Cash out refinance on BRRRR property
Hello everyone! We are planning on buying our first property in the next few months. We will buy it in cash. We want to do a cash out refinance and brrrr the property. We both have high paying w2 jobs. Do we need to h...
Wade Fisher
Allocating from business account to fund primary residence
Hey everyone, I've been lurking here since last fall, and finally have a legitimate question I'd love to get some feedback on. I will be speaking to a CFP on Monday, but wanted to check here to see if anyone had dealt...
Rob Newsom
LLCs / Seperating Finances / Spending Cash Flow
I have 2 rental properties. I have an LLC. My LLC has a business checking account. All of my spending and rental income flow through the LLC business checking account. However, none of the rentals are owned by the...
Jerry Thompson
401k's Roths and Financial Independence
Hey all!Super new to BP but I've been scouring the site for info about using retirement funds to invest, and their overall value compared to REI. The amount of knowledge is overwhelming, but I'm hanging in there.My 40...
Zachary D.
Give me a reality check. ( My retirement plan )
I am 36 and married with a 9 month-old-baby in north Texas. I am an independent contractor making 86k a year before taxes and I owe 192k on the home I bought last September. I do not know how long my position will con...
JoAnn Dorio
Tax benefits for state College 529 program
How much state tax benefit would I get by putting money into the 529 program now and taking it out for August? I just don't want to tie up money for a small amount.
Samuel Payne
New member from Chesapeake VA
Hello BP community, I recently moved to Chesapeake Virginia, with my wife Hadley. I work as an Aviation Maintenance Technician in the Coast Guard and prior to working in Aviation I was stationed in Southern California...
John Brice
Lease fee vs security dep
Does anyone here use an application process (with fee) and a lease signing fee as opposed to collecting a security deposit? Just weighing some ideas, not really sure I am a fan of security deposit.
DAVID GAGE
Better to borrow from Bank or 401k?
Looking to borrow about $20k to help with the purchase of another rental property. I have the ability to refi one of my houses or I could borrow from my 401k. Not sure of all the details about the 401k loan, I do know...