Peter Morgan
Would you rather invest 250k in T-Bills in this market?
Hello,I have a 500k mortgage on a triplex @2.5% interest and 250k of cash in sitting in a savings account yielding at 2.5%. The treasury bill yields are getting close to 5%. I am feeling tempted to invest my free cas...
Justin Tylus
Personal Loan for Down Payment
Looking to make my first investment but don’t quite have 100% cash for down payment. Was considering getting a personal loan, any advice on this or alternative methods?
Patty Streufert
LLC or existing S-corp?
Hi - we are still reading and learning about investing - leaning towards multi-family properties to hold and rent. Anyway - my question is LLC vs S-corp as a vehicle to shield from personal liability and taxes. We a...
David Guglielmo
Can I use a personal loan towards a down payment on a house?
I was recently pre-approved for a 60K conventional loan (investment property, 4.3% interest) . I need to put 15% down (9k), closing costs are waived if I buy in a LMIT area. I wanted extra cash on hand for repairs/Cap...
Nicholas Field
Have fidelity IRA, want to change to a self directed. need advice
Hi, I currently have a fidelity IRA (2 different ones actually) and I'm looking to buy an investment property and would like to use my IRA money. I understand I can move my money into a self directed IRA and use those...
Tonya Christensen
Where should we file LLC?
Hello!,As a military family, we have purchased properties at almost every assignment, then converted them to rentals we were reassigned. Now we want to form an LLC (or multiple LLCs) and are not certain where we shou...
Tammy Wise
Retirement/savings alternative to 401k?
I listened to a podcast the other day and unfortunately I can't remember the gentleman's name or podcast number..ugh. I have been knocking a few off each day. He was talking about retirement and that we should not con...
Jordan Moorhead
Self directed ira to avoid taxes?
If I save money in an IRA can I avoid being taxed on that money and invest in real estate with it at a later time?
David Dey
2 questions to ask sellers at Closing, 99% don't & leave $$
So, you're sitting across from your seller. You've jumped all the hoops, you set up your financing, you brought this deal to close and your seller has received his check. You're done, right??Not unless you want to w...
Audrey Spina
Securing lending as a business owner? Help needed!
HI BP Members!I currently own a retail business in Brooklyn NY and am ready to expand my investments into real estate. OOS multi-family is the goal. I'd like to take the first step of getting an idea of what I could q...