Kitty Jedra
Keep 401K or invest $ on a rental property?
Hello Everyone,I am in my mid fifties and thinking of how to best prepare for retirement. I have about $70,000 in a 401K and wondering if it would be wise take this money and invest it in a rental/cash flow property. ...
Greg Behan
Looking into REO's
HI all, and thanks for the help ahead of time! I was driving for dollars the other day when a house really caught my eye. Turned out to be an reo, sign right on the line. I would really like to give the realtor a ...
Robert Jensen
Closing 2 Weeks After Appraisal
I am waiting to close with New American Funding. The appraisal was two weeks ago. The HUD contract says 'time is of the essence' and has a date of 'no later than 45 days'. My agent is saying we should be closing now s...
Max Ball
Opportunity Zones - Yay or Nay?
Opportunity Zones are a new community development program established by Congress in the Tax Cuts and Jobs Act of 2017 to encourage long-term investments in low-income urban and rural communities nationwide.The progra...
Jesse Dickens
Funding real estate deals with business credit
I am looking at using a company called Fund and Grow to finance either a local flip or an out-of-state rental. Fund and Grow applies and negotiates on your behalf to acquire unsecured business lines of credit for what...
Jacob McMahon
Saving for a down payment on my first BRRRR property
Hello all, My name is Jacob McMahon, I am 21 years old currently saving for a down payment on my first BRRRR property (probably a JV). My goal is to save 60k for a down payment, but I am having trouble deciding the mo...
Carlos Gonzalez
Funding my first flip
Hello All,
Looking for advice on how to find Funding for my first flip. The hard money lenders all say I need 4 flips under my belt before I qualify.
Josh Thompson
Finding a first deal (flip) in central NJ
Does anyone have any advice for finding and funding my first deal in central NJ? I am currently using Redfin and realtor.com as my main resource but am struggling, mainly because I don’t see any comps on those sites. ...
Francis Branagan
What would you do? First ever post
I'm looking to act upon my long time interest and goals of real estate investing. I just turned 23 and I bought my first home a year ago with 25% down. I like my home and plan to stay here for quite a while. Between w...
Nicholas Anderson
Where Do I Start With Private Money?
Quick context for me: I'm 28 and purchased my first home (multifamily) in early 2021. The rehab of one unit was very costly, but I've ended up with a homerun with my interest rate and my current equity value. Since th...