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Should I pull out a portion of my IRA balance to purchase RE? I have $200K, but can withdraw about 45K without penalty (what I'm told by my advisor). He advises against it. However, I think I can grow this substantial...
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I am going to start a new marketing campaign to reach my goal of buying 2 properties for buy and hold.Here is my criteria: Town house, built pre-1996, last market sale date 1996.I am hoping to find original owners tha...
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I contacted a couple of mortgage brokers and they told me they don’t do construction loans. The property I bought in needs major rehab work and due to which I couldn’t do traditional financing and paid it off in cash....
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Do any newer (or seasoned) investors have experience with a single family house hack (either using airbnb or a traditional lease)? What was your experience like with that? Anything I should be wary of with this stra...
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I am exploring buying a rental property with a private loan from my parents. They have a chunk of money from the sale of a business and need to invest it, but don't like the stock market and don't want to be landlord...
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Hey BP! Again I want to thank anyone in advance who can give me a little wisdom here. I have been looking into a lot of creative financing options and ran into a question about Contract for Deed. I know there a lot of...
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I have been trying to read more and more and I just finished the books Rich Dad Poor Dad and Set for Life. Now I am looking for my next few books. I am looking at getting my first duplex in the few months any recommen...
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Hello,I'm looking into buying my first home and the option to do seller financing will be on the table. Is it possible to use 401k funds for the down payment on a seller financed deal or can you only use 401k with tra...
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My mortgage broker told me it's nearly impossible to find a traditional lender that will do cash-out refis for investment properties right now. With COVID-19, banks have too much uncertainty around future home value...
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I have a Roth IRA, and was thinking of taking it out this year to avoid the penalty (CARES act) and incest into rental properties. I plan to then scale up using 10-31 exchanges to defer the capital gains taxes. I know...