ZEVIA WHITE
Buying a tax lien property for personal use
Does anyone ever buy the tax lien/deed on a property for personal use (i.e. to actually live in the house)? If not why not? Another question is just from personal experience from those who have bought tax deeds how of...
Oleg Khryashchev
New member SF East Bay area - problem with property
We bought a property in SF East Bay area, CA in the summer 2013. It was a half acre lot that was previously divided by old owners into two parts (used to be an 1 acre). They sold the other part to some other buyer.The...
Jason Deck
Buy and hold in an IRA - Pros and Cons
Does anyone have experience holding property from a self-directed IRA? I am trying to get a handle on what is possible, and the pros and cons? For example, can I use IRA funds for a down payment, or must I make an o...
Steve Bugnacki
HELOC to Make Cash Offer
Looking for feedback on my strategy. My thoughts are I can get better deals with a cash offer on or off market. To that end, I can access $280,000 on a HELOC at 6.75%, and have other funds available to make a total...
Bo A Vanecko
SFH or New Build for first "purchase"....thoughts?
I have mentioned in a previous post that i have an investor (current consultant at company i work for in CO) in Texas interested in helping me secure my first purchase(s) in the Fort Worth are (C class homes in areas ...
Chris Lopez
Recommendations for financing first time out of state purchase?
Hey BP!
I could use your advice!
Just recently got a steady W2 job, good credit score in the 750+ range, a decent amount saved for a down payment and am currently living in the Bay Area (where the debt necessary to p...
Mario Arellano
HELOC option for our next investment purchase?
Hello Members, I would like to ask for your experiences/stories/advice on HELOCs. We have 2 rentals with a large amount of equity and a cash out refi on one of them fell through b/c the property is no longer our prima...
Sarah Lorenz
Combined purchase amount
If I sell an investment property for say, $500,000, using a 1031, can I buy two new investment properties for 200K each with 100K for repairs if it is wrapped into the loan?
Jean Santiago
Our First House Flip ever!
Investment Info:
Single-family residence fix & flip investment in Barstow.
Purchase price: $95,000
Cash invested: $30,000
Sale price: $150,000
David Dick
Mortgage Interest and Depreciation Expenses
My wife and I have decided to try being landlords (it's something we've discussed many times and now have an opportunity to get our feet wet). We just purchased a new home for ourselves using a HELOC on what will beco...