Jack Middleton
Using 401K for investing
I am just getting started and I know that there is information on this - have read several things about utilizing a 401K for investing in RE. I am still unsure of how I can use my 401K. I am still employed, but am p...
Brian DeLorme
Borrowing from a 401K to purchase a rental property
Anyone out there borrow from their 401K to purchase a rental property? How did it go?
Clint Moore
Tax implications on repaying business investment money
My question is what concerns do I have if I repay myself the money I invested in my S corp or can be LLC. My plan is to put money in my already established S corp or start LLC. Buy a home cash sell it to myself on co...
Shannon Green
Lenders for DSCR down-payment?
Below are the numbers . I am open to other lenders and products, But currently seeking funds of $467kOne of my goals in Real Estate is to acquire and manage homes in my hometown. I have recently come across a portfoli...
Damica H.
Need Help with Buy and Hold Deal Structure.
Hello BP communityI am a newbie to the RE world but I have done allot of research in many different areas. I often find myself on BP for hours at a time reading and researching. If i am posting in the wrong section my...
Stephane Bede
Heloc investment first time
Just got 115k heloc on my first home. I am newly to the property investment world and would like guidance on how much I should invest in my first rental property? I live in Massachusetts what should be the approximate...
Simon Stahl
Lender wants to force sell me property insurance for the past due to an insurance gap
Hi thereFirst of all, I understand that a lender wants uninterrupted insurance coverage for any property they have a mortgage on. What baffles me is that they are trying to force sell me insurance for the past, when w...
Scott Royer
401k Loan to Fund Off-Market Deal
I am looking at taking out a 401k loan to give me enough money to put the money down and fund the needed rehab on an off-market property. The 401k loan max is $50,000, paid over 5 years, which is the amount I would p...
Jordy Train
Rate/tweak my savings/debt repayment strategy
Hi all,In August i purchased my first home, and since then I've caught fire on the REI subject line. Never really thought about it before but now I'm hooked. So this house i just bought is now a live-in rehab and I'm ...
Joyce Kim
Personal financial hardship - HELOC vs Home Equity Loan?
I was recently laid off and have accumulated about $20,000 in credit card debt, primarily from paying last year's property taxes and covering a few months of living expenses. I own a house with approximately $400,000 ...