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Im about to start building my next personal residence for my family. It's going to cost around $330k. I all ready own the land, but was wandering if it's smart to put the majority of my savings into my personal reside...
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I am planning on removing 401(k) funds to utilize for rental property purchase. My question is, which would be better:a. purchase outright and renovate 3 B class rental properties with the funds, orb. use the funds fo...
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Is any body having issues with less than scrupulous lenders or getting approached by scam artists posing as landers? I see it often - so much so that we decided to put in place, a five part process as part of our due ...
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Hello BP,I am closing on a rental property in a week. According to the seller's agent, the tenant is supposed to be out of the property a day before closing. Tenant is on month to month lease, which I doubt there is a...
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Hi, I am new here as far as posting anything! Hello! I have an offer coming in to buy a piece of land I own and also an offer to JV for an apartment building. Would there be a good reason as to why my offers are m...
So I have an opportunity to purchase a deal for $65,000. I understand the idea that if you only came out of pocket with only the downpayment vs buying the property outright, the CoC is typically better even though you...
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I have 80k in a HELOC to use. I’m looking for insight on whether it would be more beneficial to use a portion or all of it as a down payment towards a rental property or if I should use it to pay cash for a cheaper one.
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Should I sell it on CD or sell it outright?
My goal is to buy very profitable buy and hold. the subject property is not profitable at all. I owe $210k. There is very little to protect in a 1031 on the property.
A)
I ...
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I guess my question is if you buys tax deed sale or tax lien, is the property yours after paying the bid amount or do you assume the mortgage as well?
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I have been reading “Rich Dad Poor Dad” for the first time and I have to say...mind blown. I always saw my dad as very financially responsible, coming from a very poor upbringing and making a comfortable life for our ...