I am doing a deal where I am lending 90K to a group. I am looking to attach a 30K mortgage to three investment properties they have with sufficient equity.Any idea on how much this would cost?They offered personal gua...
I smell an opportunity. The property and financing - Bought my 1st rental property (2019 new construction 3/2 with a 5 year home warranty) which I paid 20% down at 139k and refinaced in 2020 108k at 3.75% on a 20 yea...
Hey everyone,Tax question regarding an inherited, traditional IRA.I am a non-spouse beneficiary which was listed in the will of the deceased. Therefore, it does not have to go through the estate and probate period.My ...
I'm looking into a platform named Pad Split as I have a property that would probably work well for that in Florida. I'm assuming that I could probably do an STR in Lakeland Florida, but don't think because of the loca...
I own a fully pay off property, this property has a market value around 200k. I would like to get a heloc on this property and start doing the BRRRR strategy or is a better idea get a hard money loan vs the heloc?
Hello BP members!I've listened, read and debated a lot of material about using retirements funds in a self-directed IRA to invest in real estate. The rules seem really cumbersome and complicated, and since I'm still f...
Here is my findings of the newly released 2018 Tax Brackets. I know so exciting.The maximum contribution for 401(k) plans is rising to $18,500 in 2018, up from $18,000 in 2017 — this also applies to 403(b), most 457 ...
BP community,Hello to all I wanted to start a discussion on Lease Purchase, I want to know how to decide when an investor should consider this solution to a seller. If anyone could please give examples, or scenarios o...
Hi. While closing a on a property that I’m going to occupy as my primary residence the seller asked if they can stay in the property 3 days after closing to pack and move to TX from TN.I understand the risk I’d be tak...
Hello everyone, I recently had rented my house to a very greedy and ugly couple. The whole process is like a nightmare which I would like to share with all of you and seek some help and suggestions.This couple has sig...