Hello all, TIA for all of your advice and input. I live in Kansas City and have painting company I started in October of 2018. So, I do have 2 full years of great financials/bank statements. However, one lender I reac...
Hello BP,I'm new to driving for dollars and I believe I found a vacant property in pre-foreclosure which could be a potential deal (House in a nice neighborhood with tall grass and a "Notice of impending action" sign ...
Hi guys, I might be confusing something...But if I understood correctly, it is possible to transfer from IRa that contains real estate into Roth that will contain real estate?Is that true? Or I misunderstood? What kin...
I live in the Seattle area, where I have a couple of SFH rental properties which I bought a few years back, now they all have significant appreciation due to the red hot Seattle market, now I'm trying to figure out th...
Hi everyone,Starting in May I'll be able to contribute to my day job's 401k; up to 3% will be fully matched and then 50 cents for the next 2% (I plan to fully max out). I will become fully vested I believe too. I do...
Pre-approvals are important as a pre-approval letter
- Gives you a stronger offer
- Shows that you are serious and qualified for a mortgage to purchase the property of interest
- A pre-approval wi...
I’ve got a question about property analysis. When I’m trying to find potential rentals would it be fairly accurate to use the givin mortgage quote on realtor websites? I’ve been using the “mortgage payment calculator”...
Situation:We're acquiring properties at a steady rate (2-4 per month) and I'm looking to improve our cash management. The ultimate goal is to reduce the likelihood of capital calls, while at the same time streamlining...
Do you use before-tax or after-tax to evaluate a deal? I could see making a case for both. What do the majority of investors use and what to banks look for?
Thanks for your input.
Let me start with saying I'm really enjoying all the helpful information out in BiggerPockets land. I was wondering what costs are associated with buying a house in pre-foreclosure vs a house not in pre-foreclosure. I...