Hey BP Community,My wife and I live in Korea and leverage borrowed money, often hundreds of thousands of dollars worth, from our tenants at 0% interest to purchase undervalued properties. Sound outrageous? Read on.[I'...
Hi everyone. I think I am going to be making my first Real Estate investment. I currently own the home and I think rather than selling it, I will use it for investment purposes.I was wondering/hoping if there was some...
I am planning to do a partial 1031 exchange but I am confused.- I thought the rules were that in order to do a 1031 exchange I need to buy a property of at least the SAME (or more) value of the net sale of the previou...
Hi All,We own a house in foster-Powell neighborhood of SE Portland Oregon since 2008 and this was our primary residence till 2016. In April 2016, we bought another house and started renting the SE PDX. Managing this r...
I have an idea but I'm not sure it'll work legally or if I'm missing some information.I work for the government and currently contribute 5% (tax deferred) into my Thrift Savings Plan (TSP) since my agency matches up t...
I just signed up to go to a semiar in a couple weeks about getting goverment grants to purchase a home.
Does anyone know about these grants? Can you really get them ? and if so how hard is it to get a goverment gran...
I came across this book at a local library. I was looking for resources since, I want to buy a house for the first time. Also, Any other good resources for buying house? Also, I am a first time buyer. I live in Northe...
Hello World,I just want to start by saying I am suuuuper excited to be part of such an amazing group of people, so I wanted to say hey and introduce myself. My name is Hill, and I am an Army brat born in Fayetteville,...
Has anyone run into irs tracing rules when doing a Brrr or cashout refi on a rental?Here is a link:https://borelassociates.com/wp...ThxAlan
So my wife and I are torn on this question. We're both 33 years old and we have been maxing out her 401k at her w-2 job for a couple of years. That's great of course and I'm not complaining. However, if we just contri...