Erich Henson
Didn't quite cover my costs on this BRRR.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $23,750
Cash invested: $50,000
Sale price: $85,000
Tried to BRRR this house but didn't quite cover all my costs...
Eric Chase
Multiple, simultaneous options for Self-Directed IRA accounts?
Greetings BP gang!I only discovered SD-IRAs recently and I'm trying to get smart on their potential. My wife and I each have about $57K in our respective Roth IRAs. We're interested in pulling all these funds and usin...
John Psarianos
New Member North New Jersey
Good morning everyone ... I'm from Bergen County NJ. I've been looking to get into RE for a while now. I'm an engineer with a background in finance.Would be great to meet a mentor that could lead me in the right direc...
William W.
Tax Implications of Sale of Primary Residence to LLC owned by me
Hello. I've seen this question asked before but I haven't seen an answer that address my specific concern. I think the question is best posed to this sub forum.I have a condo that I've owned as my primary residence....
Swat Khan
Buying Directly from Asset Managers from Banks
I was wondering if anyone is doing this strategy right now? Calling banks with distressed assets and navigating their way through to speak with asset managers for NPN's and REO?
Lots of people say it doesn't work bu...
Clay Sellers
SDIRA questions for a newbie.
I have some money sitting in a 401k account from a job I left about a year ago, not much, about $20K. I can roll that over to an SDIRA, correct?Does it matter what strategy you use (Fix & Flip, Buy & Hold, BRR...
Rodney Hulsey
Use available cash or 401k loan or sd401k to buy RE
My wife and I are considering an investment in a small apartment complex and we're debating whether we should use existing available cash, take out loans on our 401ks, or convert 401ks into sd401ks. Any opinions or a...
David Beasley
Should you get a Multi-Family under contract first with a HML ?
If you are considering to use a Hard Money Loan, should you get the property under contract first then reach out to lenders, or should it be the opposite reach out first to a Hard Money lender then get the property un...
Darren Landerway
Is looking into a start up small business loan a good idea?
Hello BP family,So I was on here a couple weeks ago describing my current situation with trying to build my current portfolio. Shorter story short: -own property (used FHA loan, purchased 7 years ago, still not at % t...
Account Closed
What are today interest rates for investment property under a LLC
Hey BP,What are today interest rates for an investment property under a LLC?