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I have an extremely interesting situation in front of me. I found a home that is pre-forclosure and set to sell at auction in 10 days. I have contacted the home owner and found that he is 6 months behind on his mortga...
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Aloha BP!Can a federal employee transfer their TSP funds into a self-directed IRA? Or would there have to be a transfer from the TSP account to a traditional IRA then into a SDIRA? I'm trying to explore my financial o...
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There are many discussions on this in various forums so I apologize for the redundancy of this post. However despite all the blogs I still dont feel like I got a straight answer. Maybe there is no straight answer but...
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Hi everyone, I am interested in purchasing a multi-family property. This multi-family will also be my primary residence. I have a friend who is also interested in investing with me. I will be the primary resident, whi...
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Happy Father's Day! I am putting an offer on a property today and wanted to get some advice. My plan is to leverage the BRRRR (Buy Rehab Rent Refinance Repeat) strategy. I was going to buy the property under my LLC...
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I have been reading a lot about LLCs and am having a lawyer set one up for me as we speak but there are gaps in my knowledge of the steps to take next. I am investing out of state in pennsylvania. I think this is th...
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There must be a lot of trading going on in the secondary mortgage markets, because so many of our loans have changed hands recently and it has been super annoying. For example one of them has switched several times ju...
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So I own a rental property that is under my name (deed, mortgage, and insurance). I would like to deed the property to an LLC that I will create. After discussing with a few experts (my CPA, my mortgage rep, and an at...
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Hi BP community,
So a partner and I are looking for our first deal but had a question around how we should proceed. We have the funds to offer cash without any loans but would like to then refinance to pull out cash...
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Hello all,I am looking to do my first BRRRR investment and the plan is to use a HML to fun most of the purchase + rehab. Of all the HMLs that I’ve spoken to, they all require a business entity to be formed. I understa...