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I have to do more information on this topic but have any of you investors use this technique to fund one of your deals? Brief summary what I know on it. So basically you use someone’s 401K plan and IRA to fund you dea...
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Is it possible to purchase a property and rehab it with a personal loan then get it refinanced with a traditional mortgage?
I always wondered since places like SoFi and other personal lenders give such large amounts ...
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Anyone investing in Weed? Here is a SWOT analysis I did...This is not really a hard tangible asset, however, I am intrigued by the Emerging asset class. Now I am personally not a big proponent of smoking the thing bec...
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We are recently retired, new to investing and belong to a local REI club. We have been approached by different individauls who want to borrow money. Specifically a loan of $25,000 at 8 percent and the borrower was l...
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Hello to everyone here at bp.com! i appreciate everyones great advice all through these forums. I have been trying to get into the real estate game for a long time now. I have finally gotten my familiy in financial p...
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I have a duplex under contract for 48k. The bank I found that does mortgages as low as 30k tells me (a month into the process) that I can't use funds from my LOC or a gift to supplement the closing costs. They told m...
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Hi fellow BPer's,I'm a longtime lurker and podcast listener. My first post is a panicked one! I own a duplex in Boston that is my primary residence, have completed 1 flip on my own, and been apart of 5 others. I ha...
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I am trying to determine the best path forward for how to deal with rental income (yes I'm late!) and major renovations. It is clear to me it is best to expense it in the year it was spent, but unclear what the CRA wi...