Drew Berman
Seller Financing / How to find high equity owners
Hey BP Fam,
Seeking guidance! Purchased two buildings in past 6 months (duplex / 5 unit) Have greatly depleted my working capital. Currently seeking seller financing opportunities mainly through my realtor (incentiv...
Angie Menegay
(Yet Another :-) SDIRA LLC Prohibited Transaction Question
Hi experts,
There is a property I'd like to purchase (for sentimental reasons) to live in in about ~5-8 years. Due to the current high mortgage rates and low rental rates in the area, it will bleed me alive if I purc...
Eric Brust
Asset Based Lending Cost
Hello BP family.I am currently under contract for my 1st primary home. (Currently own a 4 unit rental and 8 acres planned for development in the near future).I have just received my closing disclosure and boy is it ug...
Bryan Hancock
Generating Large Depreciation Expenses With Positive Cash Flow
We're doing some planning for next year to reduce taxes and I was hoping some of our more astute investors could give me some ideas about generating large depreciation expenses to reduce passive income. The following...
Chris Mackinlay
Is this a beaten path for starting out?
Hi BP. I'd like someone to sanity check this for me. I live in a house with a solid amount of equity. I'd like to keep that as is for a bigger deal that may come along. We have been able to fight and save a decent amo...
Trey R.
Looking for advice on buying a new house and renting my current
Looking for some suggestions on how I can best utilize my money in this situation.Current House: Appraised at $141,000 in October of 2014 (Purchased for $122,000 in 2010) - Currently owe approximately $98,000 on the ...
Jordan Lewis
New investor from New Jersey.
Hi I’m new to REI and I’m looking for some advice. I am an Army veteran and I qualify for a VA loan. I have strong credit and a pretty good income. I am a homeowner as well. I have around 100k in equity in my house no...
Jesse Clark
Too much money out of pocket after brrrr
So I'm looking to brrrr my 3rd property. I'm trying to specialize in higher end sfh rentals. Using money from heloc on my primary residence for down payment and remodel costs. I haven't had luck getting my money back ...
Jorge Armas
First Multifamily investment - Should I just buy Land and pay to build a Fourplex?
Hello Team,I'm a new investor and I would like to start my journey in Multifamily. I found a Duplex that I think I will have to build it from the ground up as you can see in the pictures. Is this something I should do...
Chris Fritz-Grice
Life Insurance Loan affecting DTI
Hey everyone! Just bought my first property in May and looking to get into the next one soon and my question is: If I have my money in a Whole Life insurance policy and borrow against that for a down payment would tha...