Paul Staszel
Using 401K to buy rental!
Has anyone used their 401K to buy a rental and receive tax free income ? If so, how does one go about doing so? Would I be able to make repairs out of pocket or does everything have to be from the 401K?
Edward Parker Parker
Honest Question about alternative strategies
So with Interests rates this high, Housing prices still high (but cooling off), property taxes increasing to catch up with the sudden spike in values; it appears really difficult to get into new a profitable rental pr...
Account Closed
Dude I'm missing something - Facebook v Real Estate - You kiddin?
I was looking at the returns of Facebook vs Real Estate and I was well, surprised. . . .I bought a property in Phoenix using "Subject To" (very little down, & taking over the loan) and turned around and sold it fo...
Philip Coiro
Offer accepted on my first investment property!
I've been looking for a flip project for a long while in my home market of Long Island, NY and after not being able to compete with all cash offers on $400,000 houses that need $150,000 in rehab I started to look out ...
Benjamin Cowles
Why does it matter if a preforeclosure is "under water"?
When qualifying a property, why does it matter how much it is under water if the bank will still only be able to get the highest bid at auction? Isn't the bank just as likely to accept a short sale vs going through a ...
Austin Luepkes
The next market carsh
Okay, so as we all know the stock market has been on winning spree for quite some time now. With all time highs across the board, one can see why there is a bit of a fear that stock prices will come crashing down even...
Arun Iyengar
For Syndication, what is the % ownership typically charged?
I get requests from friends to invest and manage their investment in a multi family building. My question is:1. What rate of rent do you charge as management fee for yourself, assuming you still contract with a 3rd pa...
Brandon Hall
4.625% Fixed 30 or 3.25% Var
I'm working with two banks right now to try and finance a four-plex. Both are 20% down and amortized on a 30 year schedule. One is a fixed 30 year mortgage at 4.625% and the other is variable at 3.25% for the first 5...
Tim G.
Local Real Estate Recomendations
Hello BP,I have been researching/trolling BP for quite some time now waiting until I am at a point in my life where I feel comfortable to start investing in the Rhode Island area. I recently became debt free and have ...
Chelsy C
First flip, so excited.
Hello Everyone first of all, thanks for all your help, it's a great community here.
I would like to take this post to keep track of the progress on my first ever flip just like some of the poster do.
Ok, here is my f...