Hey there, I’ve recently come across this concept and after doing light research I cant seem to find anything wrong with this personal finance system thus far. I got a quote to see what the cash value is year 1 and it...
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...
Today I want to share when I acquired my first mortgage notes. It was November 2016 when I decided to pull the trigger after six months of research and building an excel model that lets just say I went overboard with....
Withdrawing 401K entails a 20% tax cut and 10% penalty fee but I want to use it to being my real estate journey and exit my 8-5 in the next 2 years. Any thoughts if this is a good plan?
So, I'm not looking to get rich, or anything crazy, I just want to make a comfortable living, make passive income off of real state rental properties, I know it will take a long time and patience. I'm not looking to ...
Hey BP!Considering my 1st purchase... I ran it through the BP rental calc and it cash flowed $28... I'm hoping I did something wrong!Anyway, what do you think??? Here are the numbers:Property - FHA Owner-occ QuadP...
So, this isn't my first post here - but I think I jumped the gun in my previous posts. They were good questions, but I skipped the important bits.
Where/how do we begin?
My wife and I are both employed full time, an...
One of my goals has been early retirement. 2 of the rentals I own are going to help achieve that goal. Here's a quick summary of each: 1) 30 year mortgage, 4.125%, $1,350 / month rent, 30% equity 2) 30 year mortg...
Okay, maybe it's kinda like the other posts....... a bit. I'm going to start off by stating that I've gone through 23 pages of LO/Sub2/Sandwich Lease/etc. forum. After a couple of days, I figured I would ask my questi...