Danny McGreevy
Understanding benefits of Cash Out Refi for downpayment on another property
Hi BP Fam!I purchased a property recently with 20% down. If I end up needing more capital for another rental property, I may wish that I put 10% down so that I can have more capital available for another downpayment....
Don Spafford
RV Campground Resort investment
Investment Info:
Other commercial investment investment.
Purchase price: $8,050,000
Cash invested: $90,000
This is an RV Resort Campground. This is a syndicated investment.
I sold two of my fourplex...
Jamie Mosley
Agent involvement/representation in Off Market deals
Good Morning! I have been in contact with an agent who has presented me with a couple of "off market" deals. Should I bring my own agent into the negotiating? My understanding to the benefit of off market deals is tha...
Joel Duguay
FSBO vacant land advice
Hi members,I have 2 vacant lots in central California and would like to sell one and develop the other. I am considering listing one of the lots FSBO...Does anyone have experience selling land FSBO? Any advice on bes...
Michael Garrett
100K and Nine Years to Replace Income
Hey everyone. So here's the scenario. I am a straight up H.E.N.R.Y. An unapologetic HENRY but a HENRY nonetheless. I love my job for the following reasons - Great 401K match, I write my own schedule, Allows me tim...
Jackie Linne
Taxes for new LLC
Hello!I created a new Single Member LLC in Ohio for rental property. However the property is still under my name, Do I have to report taxes for the SM LLC (which has its own EIN) that technically has no income?I do ha...
Manish Shah
Using HELOC on primary residency for investing
I read many places about investors using HELOC on primary residency to buy investment property. Here is my question. The interest on investment loan is a valid expense that you can take out from your income for tax pu...
Kevin Klaas
Financing a house hack with retirement accounts (SDIRA)?
Hi BP nation!Newbie investor here.I've been saving money in my retirement accounts (roth IRA, traditional IRA, rollover 401k) through Vanguard. I've done some research on self-directed IRAs and was hoping to open a SD...
Sudeep Mathew
Buying from the builder Directly vs with an Agent
Wanted to understand on how using realtors with National builders work. Does the builders typically have additional negotiation room ( the commission they would have otherwise paid the realtor), if a buyer directly a...
Paige Kelsey
New Tax Law "Opportunity Zones" vs 1031 Exchange
Hi Everyone,I see that there are Opportunity Zones and tax incentives for investors as part of the Tax Law that was passed in December. Basically each state had to designate 25% as an opportunity zone in a state to at...