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Curious out there what people use as a general rule for how leveraged they are. How comfortable you are with debt. Do you have 401K loans? Would you cash out a Roth IRA? Do you use HELOCs off your primary? For...
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Hey everyone,
I’m really happy I found the BP community and have now listened to most of the podcasts and attended my first REIA meeting this week. I’m hoping to ride that wave and really get going on investing.
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Has anyone borrowed from their life insurance policy or used it as collateral to invest? I've had a few people that said this is a great strategy and to make sure I have the policy setup correctly. Working on getting ...
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Taking an informal Poll here on the "due on sale clause" enforcement. Wondering what people's experiences have been when purchasing a property secured by a loan under the individual's name, then shortly after transfer...
I grew up in New Jersey and bought my first property at 18. I didn’t really understand how real estate transactions worked, so I went to the court house and watched several transactions occur. As time passed, I found ...
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We have continued to grow in the last 7 years with our Storage business. We are now up to 8 locations. Most are at 100% occupancy. 4 have land to expand, and we will next year. Focusing on our last locations 7 and...
I do not wish to criticize, but I have found the Norris Group's postings (here and elsewhere on the Internet) to be long on theory and short on detail. It was claimed at another board that lenders exist for end buyer...
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Hello all, my name is John. I am 24 years old, and I have decided to quit my job (which is managing flips for a fairly big flipper in the area) and pursue real estate full-time in Philadelphia and PA (Montgomery and B...
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Hi all, this forum has been very informative so far and has put a few of the pieces together for me. However, I am in need of some clarification. (I hope we aren't limited on the length of posts :) )My questions are s...