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I recently purchased a duplex for $450,000 with 20% down. However I pulled $50,000 out of a 401k loan with a 10.5% interest rate to be part of the $90,000 down payment. The 10.5% interest on the 401k loan is likely hi...
I own two homes, one of which is my primary residence, and the other being an investment property, currently being occupied by my parents. They have been paying us a minimal amount of rent over the past 2 years, while...
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Hello all, I am posing this question to the BP community for anybody with Self Directed IRA experience in hopes that you can share some insight into how you were successful.
I have a decent amount of money socked aw...
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Once you've signed the purchase agreement and assignment contract and sent the documents to the title company, what are the next steps to follow? I'm new to the learning process and want to make sure I am not missing ...
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Hey BP,I am looking to Cash out Refi to help grow my portfolio quicker! I have never pulled cash out of any of my properties any tips and tricks are welcome? Is there any cash refi loan programs out there that my be l...
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I’m in Richmond, Virginia. But all else being equal, do solar panels meaningfully add to the value of a property? Personally, I would see solar panels on a house and think instant savings on energy costs. But I’ve nev...
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I am a real estate agent in Virginia and I am looking to wholesale deals. Can anyone point me in the right direction and possibly some guidance on how to go through this contract with a seller?
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I have spent the past several months furthering my real estate education, paying down personal debt, and building cash reserves in an effort to re-enter the multi family space in 2019. It's time for me to start develo...
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Hi folks, I'm looking for ways to offset the taxes that I will owe on W2 income. I came across the short term rental designation that allows for asset depreciation to offset W2 income. This combined with the 100% bonu...
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Just closed on this really neat Craftsman home last week and our goal is to be DONE in 30 days... Just 1 week in she is totally demo'd (minus a 2x4 or two or three), foundation is lifted and leveled and the electrical...