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Just turned 60 and want to move my money out of my workplace investments (mix of 401k, IRAs) with Fidelity. I own 3 homes (2 outright) and one is a vacation home rental that I owe just under a 1/2 mill on. Note: It p...
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Hello,
Im looking for honest advise positive or negative please. Im in my late 20's college grad with a 70K income. I'd like to start investing and possibly pick up my first rental property.
My situation:
As I menti...
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For those who are lucky enough to make over $450k/year, what changes are you making?
From what I understand
1) tax rate goes up to 39.5%
2) you cannot take mortgage deductions anymore?
3) dividends from your corpor...
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My credit union is offering share loans at a fixed 5.00% up to 10 years. They advertise this type of loan to build credit, but at the low interest rate it seems like it may be a good idea to borrow against my own mone...
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Looking for creative financing
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My husband and I are real estate brokers and experienced house flippers, and we are actually getting lots of interest from friends and family who want to invest with us. I'd love to expand our flipping business and s...
I have an opportunity to provide a private loan for distressed property to be rehabbed and refin. I have never loaned money like this before and was unsure how to protect myself, and what interest to charge.Any advice...
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Hello BiggerPocket Family.....I need some general financing advice. We are somewhat beginners in real-estate. We have 6 doors of which we purchased utilizing 401K funds and refi cashouts. We have a combination of LTR,...
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Hello everyone, with the rates higher in this period compared to the last few years, i was wondering what would be the better option between a cash out refi or a heloc i have a property that i owe 314k and the apprais...
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My residence has grown about 150k in value since we bought it. Is it better to take out a line of credit against our residence or take out a conventional loan for a rental property. The house we live in is in my wife'...