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I am a seasoned landlord / investor in Rockford, IL, (65 SF Homes and close to 15 yrs experience) but new to BP (about a month).
I try to keep up to date and like to attend a seminar every so often and am loo...
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I got myself ready, I read all the books, I opened an LLC, I set my criteria, I have a realtor. the only think I don’t have is a house! I’ve made several offers at asking price, even offered cash. All rejected. First ...
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Hi everyone,My name is Anisha. I am 28 y/o & I recently obtained my RE License in July of 2018. I had a residential property go into escrow earlier this month, but the contract ended up being canceled and did not ...
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Greetings,I am new to BiggerPockets, and REI as a whole, but have read that traditional financing is hard to come by when dealing with a fixer-upper. I would like to know your strategy on financing a fixer-upper. Any ...
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After repairs, we plan to cash-out refi, repay the 401(K) and rent also. If UBTI on Debt-financed property applies, does it stop when we repay the loan? Or does it start when we've afterwards collected 1,000 in rent...
If so, what are some things that might trip up a newbie? What if I have found a REO and have a buyer in mind that is intending to use a hard money lender. Do those work too?
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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...
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Hello all! So I was wondering if anyone could help me with advice or possible experience with what the legal or tax implications might be when my investors give me large checks which I deposit into my bank account aft...
Hello all,I have been trying to invest in my first rental Baltimore city/ county area but having a hard time identifying a property. I am currently renting myself in a 2BR apt and thought of buying my first rental i...
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Hello BP Community! I am interested in note investing and would like to rollover some 401k funds into an SDIRA for my first purchase. I am trying to understand the differences (pros / cons) in the model where the cu...