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So, I know when you find a property you assign the contract to an investor/ cash buyer, but what happens next? How involved am I with the title company or the cash buyer after I have assigned the contract? I am curren...
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I always hear wealthy investors online talking about how they borrow against their assets to generate tax free wealth. So far I’ve always just reinvested my real estate earnings back into my LLC. If I do a cash out r...
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I have been contributing the maximum to my 401k account, including the catch-up contribution for those over age 50. My contribution far exceeds that needed to get the maximum company match.
I wondered if this...
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I meet a lot of people who think 2-3 rental properties are going to be their ticket to getting "rich" or "retiring early". In my experience and through talking to dozens of other investors, usually that's just not the...
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I have close to 95% of the income that i have saved over the years from working my W2 job tied up in my investment accounts. ROTH IRA, Simple IRA (thru employer), and in my personal brokerage account.Obviously since t...
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I’m looking to use retirement fund to invest. Heard about the Cares act distribution (if you’ve faced covid hardship-which I am)So wondering if it’s better to take the 401k funds out before end of 2020 (tax breaks) Vs...
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I recently graduated college and landed a great job. I make a base salary of 60k and then I can make up to an additional 20-30k a year in bonuses. I have student loan debt of a little over 29k at about a 4.25% fixed i...
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Is a HELOC a viable option to buy a SFH with the intent of using the BRRRR method? Unfortunately ready cash is not available but I have plenty of equity in my primary residence. That said my HELOC limit would enable m...
I'm about to make over 500k on the sale of my home. It's been owner occupied for the past 2 years and my income in '18 and 19 has been very low. Under 20k.With that low income, can i still be charged capital gains?I...
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Is a cash buyer only someone who has liquid cash? Is hard money or private funding considered a cash buyer? What is actually considered a cash buyer?In my very limited experience, it seems that cash buyers are more ...