Hello All-I analyzed and run my first tri-plex to perfprm at >100 per door (which I put down 25%) and look a this as a good rule of thumb. Should I hold this same to be true while analyzing deals with no money dow...
can you use 1031 exchange for 401k to purchase a home?
Just curious how members here typically acquire their properties. If they use cash to buy the property outright, or leverage their money with a hard money loan.
Which do you use? Why or why not?
So, I'm on to my next property (buy and hold). I'm wanting to put as little cash as possible up front for the next one. I'm buying in the 10-25k price range. I have two credit cards. Current balance of $0 on both...
Hey BP,My husband and I are 25 years old. Just bought our first house back last year and on a clear path to purchasing our next by the end of this year/early next year. We opened a Roth IRA but have yet to contribute....
I live in Southeast Michigan and I am interested in the BRR method. Buy 3-4 rentals and refi strategy. I have 70K of my own money and I have access to 100K of private money. I will be attending my 1st REI meeting ...
So, last month I sold a piece of land through owner financing. I made sure I did it with an RE attorney. She just said that I need a good CPA, I don't have one. Honestly for last year, I didn't make enough to get out ...
Hi BPers, here is my situation hopefully you can give me some guidance. I own a 3/1 sfr that I bought in 2015 for 112k (owe 100k) and lived in for two years then rented out for the last year. The tenant is moving out...
I am a newer real estate investor. We currently have 2 rental homes that are doing fantastic. Our primary house has an abundance of equity in it and we have 25 years left on our mortgage. I'm thinking of doing a cash ...
Hello all!
I am debating with my wife as to whether or not to contribute to her 401(k) we are both in real estate school and are going to become real agents. I will be a full time agent as soon as I get my license an...