Here on Bigger Pockets it is very popular to suggest that one can make loans through MLOs and avoid any responsibility for licensure and compliance. I have held that since January of 2014 that that is likely a very da...
I have had a rolled over IRA invested in mutual funds for the last 10 years and am interested in diversifying my portfolio with real estate. There is roughly $60k in the account. Is this possible without penalty?
Background: Just closed on my first househack duplex where I inherited tenants. The tenants are a married military couple who had just extended another year prior to me closing the property. I have already talked with...
Hello BP Readers,
I have been involved in the RE field now for 2.5 years. After purchasing 10+ out of state properties with all cash in the $50-100K range, i ran out of funds. I then obtained $500K LOC (Line of Credi...
I closed on my first pure rental property, a two-family home, back in June and unexpectedly had both tenants move out by the end of July. So with some remodeling to do and needing new tenants I decided to hire a prope...
hi,
I bought a property in Detroit through a uk company operating in detroit about 18 months ago, i bought it with a rental guarantee which didn't happen it has been empty all this time. i can't contact the property ...
I've been working with a lender who will not lend to me since my original intent was to create another Recovery Residence. Credit score high 700s. Other property cash flows a couple grand/month.I told them-OK--I'll re...
Hello BiggerPockets community,
My wife and I purchased a house in Katy, TX a few years ago for $230k, right before the market surged. We secured a 3.2% interest rate and currently owe about $200k. The house is now wo...
So I was listening to BP podcast on my way to work yesterday and heard Pace Morby mention Due on Sale clause insurance. Ive searched the web over the last 2 days and cant find any companies that offer this. Has anyone...