Brady Mullen
When Should I Use Debt?
It's undeniable that debt has the power to consume. Anyone who has let credit card debt run amuck can attest to this.
I'm writing this from a place of humility. I have learned some of these lessons the VERY hard wa...
AJ Wong
The FED Paused and Investors should UnPause
This past week the FED indicated a pause in their historically paced rate tightening cycle.
The pause in rate increases should have the effect of eventually lowering mortgage rates.
I have written extensively abou...
Tyler Harrel
Experience Pulling Money from 401K Plan
I have been researching a variety of ways to come up with money to finance a deal on a property and thought of pulling money from the 401k Plan that I have been investing in for the past couple of years. Does anyone h...
Antonio Williams
Using 401K for property
I would like to withdrawal some money (~10k) from my 401k to help my mother purchase a property; is anyone familiar with this process? If you withdrawal money from your 401k are there penalties and/or taxes to pay? I ...
Wes Holmes
Hard Money Collatoral
I'm just curious whether hard money loans are ever collateralized by anything other than the real estate being purchased. I'm reading an application that sounds as if my personal assets would back the loan. That even ...
Melody Stevens
Trouble Obtaining Financing
Hello All!! I need some direction.I have tried applying for different types of mortgages so that I can purchase my first rental property. Due to the amount of student loan debt I have and it being in deferment because...
Sydnee Gross
Purchasing property via 401k loan?
Hello! I’m looking into investing in RE but having difficulties with hard money loans. Have any of you purchased property via 401k loan? What are your thoughts on this ? I invite any and all comments and recommendatio...
Michael Breedlove
Borrowing Family Money towards Multifamily Owner Occupant
Hey BP, My wife and I are in the process of potentially making our first real estate investment and purchasing a 4-plex. We will be using a conventional mortgage, putting 5% down, and paying the Mortgage Insuran...
Al Morello
2nd Position Deal advice
Hi, I've done a few hard money loans in first position. First, though a company then on my own. I was recently approached for a 2nd position deal, which I've never done before, but the terms sound so horrible to me th...
Kenneth Watson
401 k loan
Is it a good idea to use a 401k loan to buy rental property's?