Scott Long
Newbie strategy question & Account for Alexandria VA Rochester NY
Hi BPers,I am a Newbie and this is only my 2nd post. My first one led me to my realtor who then led me a real estate attorney and gave me some great feedback. However, I still have not found an accountant to answer so...
Bernard Sanga
Collecting rents from a tenant without bank account
Hi,
I just completed a deal (duplex) and I inherited a tenant who does not have a bank account. He pays cash to the previous landlord.
I am new to real estate investing and would like to hear recommendations on wh...
Loren Becker
Am I thinking too far out of the box, using self directed IRA
I have a opportunity to purchase a SFH investment in my neighborhood. I want to use my self directed IRA to fund the down payment and close the deal with a conventional 30 year fixed loan. The catch is funding the ...
Erik Fredriksen
Buying house with Home equity loan???
Is it better to buy an investment house using money from home equity or with your own money for a down payment? It looks to me the intrust rate is the same so I would just have 2 loan instead of 1 loan.
James Free
Stock Investing with Quick Withdrawal for Off-Market Purchases
Outside of real-estate, most of my money is parked in Vanguard funds. Recently, I purchased a property using some of the Vanguard money as a down payment, and discovered that withdrawing the funds took over a week bef...
Timothy Wright
Can this be done? Is this even Legal?
Hi BP, I recently got an idea, but I'm starting to doubt that it is feasible, and it may not even be legal for all I know. I know BP has people of all backgrounds so I expect someone might be able to answer my questi...
Cole Evans
Question about Escrow and Short Stay Rentals
I live in England and have found a property that would offer a good Air BnB income.The seller's realtor is saying that he can get Air BNB receipts from the current owner to prove the income. At first he was saying he ...
Brady Miller
Business structure: anonymity, taxed $, and retirement $
Hi all! I am interested in starting my REI business to meet a few specifications & I'd like your input on what kind of structure would work best. I understand I'll need to talk with a CPA and attorney too. Thank y...
Austin Shrigley
200k pre approval, 200k cash. 1st property. What’s your strategy?
Hi everyone! I’m searching for my first property. I have been traveling for a few years and name now looking for a home, so ideally this is a house hacking scenario where I can add some forced appreciation (preferably...
Erik Kuhi
Has anyone heard of a HELOC product that needs a full withdrawal
I have a rental property with a lot of equity that I was looking at opening a HELOC against. The loan officer I worked with to buy the property offered me a HELOC but said for this product I would need to make a full ...