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I've been hearing a lot about leverage and OPM to purchase real estate property. What is the best method or methods to use outside of bank loans and credit?Also where would these methods be found to research?
Would contact a RE lawyer about this, but given that it's weekend, I wanted to ask here first, since it's urgent:We're in Los Angeles, in a single family NON RSO property. Have lived here 2.5 years. Everything in good...
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I have the option of refinancing my first investment house vs a HELOC on the same house vs getting a hard money loan to finance my first flip. I am leaning towards going with the refinance because it offers the lowe...
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Hi BP,As new investor, I am continuing to struggle to find lucrative deals off the MLS and on Market. While I am about to close on my first house hack deal, I would like to make a plan for my next property. I am consi...
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I live overseas, but I own a rental property which I owe 240k and is worth 345k. My goal is to apply for a HELOC for a downpayment on another investment property. Is it realistic to get at least 10k from this strategy...
I just sold most of my stock in one of my SDIRA accounts and purchased 2 condos that I plan to rent out. One condo is currently vacant and the other is occupied. I have an LLC set up for my other privately held proper...
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As your Portfolio grows and evolves, so too do your insurance needs. Many investors start with a variety of insurance carriers to manage different properties. While this approach works in the early stages, there comes...
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My LLC is 100% owned by my 401k. So it is a disregarded entity where the tax should flow to my 401k.When I try to open a business account with Fidelity, I filled their form to explain that the owner is my 401k and the...
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Hey guys,I’m considering quitting my job in the next year to become a full time real estate agent. I’m currently the bread winner for my family and I’m wondering how hard it is to support a family working as a real es...
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LLC with two members , Buying Investment property- 20% down payment Is it possible to get a loan at interest rate less than 5% ?