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Any Canadians here? I invest most of my money into my corporation for buying properties, so I have a lot of TFSA and RRSP contribution room. I do contribute a little to RRSPs, but I haven't seen the point in TFSAs....
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considering homes have been overpriced here for so long and are coming down now. average home price is supposed to be $300k down from $350k in Toronto. I would have to say the prices vary widely depending on location....
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Selling a property this month.Currently renting for 8k, mortgage is $4500. Profit of about $3500 monthly but selling due to market and some personal issues.profit will be 400-650k pre tax (if I do 1031 exchange). tryi...
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I had COVID (totally no big deal), so I'm allowed to take money out of my retirement accounts. Any thoughts on this? Anyone doing this? My vision is taking out the cash, BRRRR, repay within 3 years and viola I got ...
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Hi all...This is my first post on the Bigger Pockets forum. I'm in the beginning process of seeking financing for a fourplex I would like to purchase. This will be my first investment property that I will have a mor...
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My goal: create an interest-free loan which is appealing to a potential homebuyer, yet doesn't make too big of a discount on my end.For example: If I sold my $300,000 house with 20% down ($60,000) over 30 years, at 6....
does anyone know how a non US citizen can start an entity here is the US to buy real estate with? thank you for your help.
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I bought the house 5 years ago for 800K in CA with 350k downpay and then rented it out 2 years ago. I have about 1% coc return. The house is now worth about 1M. Recently I am concerned about the economy and thinking a...
Thinking about utilizing the CARES ACT to pull 100k from my current 401k to purchase my first real estate investment property. There’s no 10% penalty right now and the tax pay back is three years. This has never happe...
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Hi all,I am curious what some of the Pros would do to Help a Seller in this situation while making a Deal happen.I found a 200+ day old MLS Listing where the Agent said the Seller is in Financial Ruin, hasn't Paid the...