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Hello BP,
I am still figuring out financing for a 4-unit turnkey property I have under contract (for buy and hold).
I wrote in a previous post that my lender increased the down payment required for purchase and I do...
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Short story is that I've been taking care of various family members for quite a few years and have no income or credit. And even though neither of my parents is in any position to take care of their rental property (p...
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Two years ago myself and a friend purchased a distressed single family home and rehabbed it. We purchased the home & rehabbed it with cash and unsecured loans. A quick break-down of the numbers look like this.
Pu...
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Hello Bigger Pockets community. So I am 20 years old and I have a part time job. I am currently writing out a plan to present to potential partners in my area so that I can get the ball rolling on investing but...I wa...
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Hey.. Im new to investing and I have a question.. I have 12k in savings and I'm wanting to get started with real estate by investing in mobile homes. My immediate goal is to generate a good extra income, long term is ...
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I'm brainstorming different ways to raise capital for my first RE deal and I have questions about private money.If a private investor, let's say a person at a local REI meetup, agrees to invest in my business how does...
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I’m planning to flip a house, I was talking to my ex-wife about it. When I got to part about a hard money loan and the interest rates she mentioned cashing out her Roth 401k and loaning me the money. She just recently...
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Hi all,I am under contract on a seasonal property that I have hopes of turning into an airbnb rental. I have a signed contract for 35K and planned to put down 15K and get a mortgage on the remaining 20K for 10 years.B...
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I have a self-directed IRA with about $120,000 in it. Unfortunately I also have about 110-130 thousand dollars worth of unsecured debt via credit cards. Just wondering what the tax implications would be if I use the w...
I have a wedding planned for the end of March. I want to get a personal loan in order to pay for it. I make $58,000 a year. I don't have any car payments already paid my car off. I pay $875 and rent. My credit score i...