Erik Meyerhoffer
Potential First-Time Investor
My wife is entering year two of a three-year lease for her business. The tenants next door have moved out, and a new tenant is being proposed that may significantly impact the success of my wife's business due to exce...
Greg Houts
Private loan to fund future commercial land purchase
I've heard "cash is king". I'd argue that "cash flow" is even more important for any business owner or active investor. I'm currently in a position where we have three rehabs underway, with renters expected in all thr...
Jon Adams
Selling a property but garage is on the neighbors property
I am asking this question for my sister. She has a house and wants to sell it. However her garage is on the neighbors property. Is there anyway around this? O by the way the neighbor will not sell that part off to...
Adam Aschoff
Should I take out 401k to use in real estate?
With now being able to take out money penalty free from a 401k and where the market is currently, would taking the money out now and saving it for investing in real estate be a smarter move long term? Especially with ...
Ken F.
tax reform....sell primary use equity for real estate investing
Hello BiggerPockets, Id like to hear some thoughts/feedback on this idea..... while I have not obviously vetted this "idea" out just yet...its intriguing to me.I sell my primary residence and use the equity ($100K p...
Peter Schiff
Feedback on harsh mortgage terms
I have received a mortgage offer with the wording of covenants and default looking very harsh. Can you share you opinion on what you think about these? --------------
10. Borrower covenants and agrees with Lender tha...
Craig Lessler
CARES Act - 457B Plan Withdrawal of $100,000
I have a 457B Plan and would like to know if I am eligible under the CARES Act as a real estate investor to withdraw $100,000 from my 457B Plan. Assuming My State job is unaffected by COVID-19, does anyone know if I ...
Geoffrey Tanudjaja
Should I use mortgage or private lender?
Hi BP community!I have an honest question about what option should I use to buy my 1st investment property.I just started my new job 3 months ago and I have a good credit history. I know that from podcasts and webinar...
Steven Steele
Should I resign and roll my $50k 401k to solo 401k
Good afternoon, everyone!I'm looking for some advice.I was furloughed on March 8th and "temporarily" laid off May 31st. The initial furlough caused me to go back to school to finish my BS which I am about 1.5 years aw...
Don Pham
Novice investor looking for a plan
Hello all! Just to give a bit of a background, I'm a pretty novice investor. I bought my home in 2010 when the 40k I was saving up for a downpayment was able to buy an entire property outright and have been house hack...