Hey everyone. I found a deal here in St. Louis I am really interested in buying (6 units for 450k off market) but I do not have enough capital to buy it on my own. I wanted to reach out to some friends that have mon...
I own rental properties in Mesa AZ, Las Vegas NV and Memphis TN -- all purchased with the traditional loan (typically 20% down) and they are are moving along nicely in terms of their overall returns. The properties in...
So my wife and I are starting to look for a house to buy with our IRA, and then rent out, probably in Florida. This is something we have been considering for a couple years, and understand the procedure and rules. ...
Hey Biggerpockets, I've dabbled in residential real estate for a while but am thinking about moving up to commercial. Hoping to get some clarity on the commercial lending space. Here are two scenarios to help explain ...
Happy Tuesday all! My question is, what is the best account to keep the capital we will be using for our real estate deals? Here is the situation, the main investor in our investment group is moving funds from a ret...
Hello BP,Similar questions have been asked many times but I was hoping to get some advice on my particular situation.I own my personal home and a duplex that I rent. The duplex has ~55k in equity. My initial thinkin...
Hi everyone, I’m trying to understand the basics of investing. I’m confused on whether or not I need to start with an LLC or not. I recall on a bp webinar if investing in single family homes you don’t, but for multi’s...
Made a serious mistake. Using round numbers, i Bought a lot for $20,000 with my IRA, properly deeded to a custodian , FBO my IRA. The plan was to build a house. It was very cumbersome to draw funds from IRA to keep...
I've been discussing potential investment opportunities in apartment syndications with my network, and the toughest objection I've come across is..."What if I need to get my money out early?"Now, this is certainly a r...
HiI am planning on purchasing properties in Pittsburgh PA and Burlington AL.Do I need to open an LLC in both states? If I only open in one State can I purchase in another State? Will I incure higher taxes in that case...