Hi Everyone,I live in Ontario, Canada and my mother owns 50% equity the house we are currently living in (valued at ~$800k a couple years ago), and the other 50% is owned by extended family members. My mother is the o...
I've been watching the Vancouver area for a while, looking to buy a small multifamily, or SFH with multi-living potential. I'm seeing something a bit surprising though - in the past few months, it looks like prices ke...
If HELOC’s have a interest rate that adjusts/fluctuates/variable based on market conditions, why would anyone take out a HELOC compared to a regular home equity loan? A home equity loan has a fixed rate, so you don’t ...
I've read a lot of material on self directed (including checkbook) options but still not sure the best approach. Would appreciate any advice. My situation: Currently employed. Have a large 401k from 7yrs at current co...
Hey Y'all. I've been working hard to find the right investment property, and I think I have found the one at this point. It's not on the MLS - older gentleman is selling off his units. The cash flow is great. He is as...
I know all you youngsters think you won't get older but it happens. So what you say.For those of you that are socking money away in tax deferred accounts planning on taking it out in old age. If you have a lot and you...
My financial advisor had this to say in regards to the question of whether or not I could (without penalty) use funds in a self-directed roth IRA as a down payment on an investment property. I have no reason to doubt ...
Hi BP Community,I got my start in RE investing by providing a loan to an experienced flipper. Since then, I became the borrower, using many different hard money lenders on BRRRR's in the area. Lately, I've considered ...
I have been frequently adding into my IRA while saving money every month towards my first investment property. I just wanted anyones opinion on if i should continue on my routine or stop putting money into my IRA mont...