I have a reasonable sized IRA that I am thinking of using to initially purchase properties, then refinance them with traditional financing and return the funds to the IRA to repeat the process... 1. Can this be done?...
The more I read the more difficult it becomes to figure out a funding method. There are so many ways to get it done. I just want some inputs and advice. I will be flipping in Jacksonville, FL. I understand there is no...
Hi all! My first post :) I'm new to REI and followed the shiny into buying ($390) and attending a goofy 3-day workshop (currently sitting in Day 2 in Danvers, MA) on tax lien buying by TAX LIEN WEALTH BUILDERS, previo...
I Have roughly 80k in a retirement fund from a former employer. I would like to use this money to fund my real estate purchases. I was wondering what is my best option for this? Do I move it to another type of accoun...
Hi,After contacting a few lenders I’ve realized that the down payment money can’t be a gift. Does anyone have an idea how rigid is this rule and if there is a way to work around it. I did receive funds from my parents...
Hello Everyone,My name is Patrick, my plan is to fix and flip properties in order to build sufficient funds to purchase buy and hold properties which I will speak about in more detail below.I graduated college this pa...
What's usually the smallest amount to start investing? Like $1000 , $5000? I'm not looking to actually purchase myself but use a small amount to help finance.
Hi all,As you see from my subject line i have a quick question about IRA's. Does anyone have any experience using an IRA to fund a deal? I've read that you can take up to 10K out for your first home purchase. Can some...
I have about 50K of saving that I could put as down payment for my first BRRRR project. I am still a novice and wondering is it better to get hard money instead of throwing my own money. I feel that if I got with Hard...
I'm planning on buying my next rental property at the end of this year using conventional financing. I currently have 2 rental properties, so in addition to the 20% down payment I will also need to show proof of fund...