My spouse has about $30,000 in a 403(b) from a school system that is no longer an employer. He is almost 50 years old. We would like to use the money for investing in property. My question is whether it would be bette...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,050,000
Cash invested: $5,450,000
Land development project for 17 units.
What made you int...
Long time reader. First time poster. In the next year or so I plan to move myself, my wife and our now 2 year old into and RV and travel the country full time for at least the following 3-5 years. I am currently 33 y...
I gave a talk at the Alamo REIA landlord group meeting a few weeks ago. I have gotten several request for that handout. I am posting the handout I used at that talk encase it will be of value for Bigger Pocket membe...
Hello,I work a normal job, and my wife is the real estate professional who helps manage our investment properties. Due to depreciation, we report negative taxable income from our real estate investments, which helps ...
Hello looking for a DSCR loan on a property I purchased at the sheriff sale in NJ. Purchase price is $500K and I left 20% down at the sale. I'm looking for funding for the remaining $400K and plan to add a level and ...
Greetings everyone. I'm a new member from Cincinnati, Ohio. I've been lurking for a short time and decided to join. I heard about BP from the Mister Money Mustache forums and have been listening to the podcasts whi...
I have Friends and Family that have 401K's that are losing money. How do I approach them about lending me money from there 401k to do real estate deals?
Hi, i am looking to put an offer on the condo but i am alarmed after looking at the financials. It seems to be like the condo is heavily in debt and spending huge chunk of condo fees towards interest payment. Is this ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $50,000
Cash invested: $8,000
This was my first investment and it was bought in cash, 3bed 1bath, 1010sqft
...