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My next investment purchase will use a 401(k) loan from myself or my wife’s account. I want to structure it in a way so that we are paid back so that the loan balance can be reduced quickly. The point of this is to s...
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Hi BP, So I meet with a seller tonight and I want to help them if I can.I am not 100% sure if this a lease option or just overpriced. If anyone here, after reading this could assist me further please PM me. If these n...
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Hi,I have an LLC out of which I do some consulting, and I set up a solo 401k using the income from that business, from which I would like to do some real estate investing.I recently bid successfully on some items in a...
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This may be a rudimentary question, but if you own your primary residence outright, is it a good idea to pull out at HELOC on your home so you can acquire property, rather than going with the traditional loan or a har...
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Hello all, Can fellow landlords give us examples of minimum credit scores they accept for their properties, and the rent of those properties? Thanks! (Ex. Minimum 600 score for a $1k/month SFR...etc.)
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Hello everyone I am a newbie trying to get started. I have meet some very successful investors, some that have written books on how to invest in real estate both for flipping homes and cash flow. I have been told that...
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I have seen a bunch of questions about reserves for things like vacancies, major repairs, and capital improvements. In my opinion, these are not relevant to my rental empire.I try to find properties that at a minimum ...
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Let me start with a little background on why I am posting this as it strikes me as a bit of a random post to just throw out there. The weekend of the 9th through the 11th I had to drive from Corpus Christi, Tx. to Cla...
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I just purchased our family home for 366k and it is worth $425k-450k.
I am interested in refinancing so i can pull money out to buy another house. Also, wanting to get out of pmi.
Looking for thoughts from BP memb...