Tamika Malcolm
How to use 401k for investment properties
I am newbie and would like to use my 401k to buy my first property any directions would be greatly appreciated?
Rick Howell
Hard Money Loans: What You Need to Know
If you are new to property investing, you may be familiar with the term “hard money loan,” but you may not be aware of how it works. In general terms, hard money loans come from a private individual (or group of indiv...
Doug Karkow
Beginner's Question for Investing with Private Money
Hello BP community! This is my first post, so set your expectations low! Here goes ...Rather than save my way to down payments using my W-2 income, it is easy to imagine how using private loans could accelerate my REI...
Nick Burns
How to structure Owner Financing deal?
I am looking to structure an owner financing deal. Here are the number:Purchase price: $320,000Amortization: 30 yearsInterest Rate: 5%Balloon payment: 3 yearsMonthly payment: $1717.00How do you structure/allocate you...
Teho Kim
How to find VA assumable loans?
Just found out that assumable loans are a thing for VA loans. My next military assignment is to Del Rio TX and I'd like to get take advantage of the assumable loan. But despite it being a small town with a proportiona...
John Penola
401K for Down Payment
I'm a first time investor. My goal is to buy my first rental property in the Indianapolis area by Feb 1st 2020. I've been listening to BP for about 18 months and have read 10-12 real estate books.I'm considering using...
Jesus Quintanilla
Own my home, no job, no tax returns, need HELOC to invest
Purchased house after I was fired, remodeled, I can sell but then I don’t have a house to live in. Would just like to to get a HELOC, but no tax returns, house worth $230k, I thought about renting each bedroom but I...
Adam Williams
When do you recommend a HELOC vs a cash our refi?
I have a property with decent equity. I'm wondering if I should use a HELOC or do a cash out refi to access the equity and buy another place. What are the pros and cons and what have you done yourself? Thanks!
Andy Brown
Loan terms with family and friends for buy and hold down payment?
Team,
I'm interested in hearing how people have/might structure deals with family and friends for buy and hold. To add some detail, say I'm seeking 50k to go towards down payments on 2-4 unit midwest properties that ...
Geoffrey K.
Help with calculations
I'm a numbers guy. In my research, I am at a point where I am ready to see "how" the numbers work. I'm interested in SFH rentals and would like to see if I understand methodology of working the numbers... (I'm going t...