Hi there! So my mom is retiring in a few months. Her current home will probably go for 375k and she owes 70k. She is looking to move on to improved land (approx $50k) and build new construction or a modular home ( app...
We are wanting to buy a retirement home as a second home and plan to turn it into our primary residence. We are concerned about leaving it vacant for a year. I recently read that we could rent it (through a property m...
Hey People,I'm looking for some advice. I've got a 457b account through Voya which currently has 38k in it. I'm looking to use that to purchase BRRRR properties so with that I wanted to see if anyone has used one befo...
Background:
I just turned 40. My net worth is 3.2 million. 1 million liquid cash, the other 2 million is equity in my houses including primary residence and rental properties for a total of 8 properties. Cash flow i...
Hello,Today I read "Set For Life" by Scott Trench. It got me thinking about my current situation with my 401(k). My background: I am 25 years old and am focused on absorbing as much information as possible about real ...
I am new to the group and hoping to enter the multi-family side of investing. I am 46 and have been self-employed my entire working life, with no investments or retirement. So I am thinking about working to acquire ...
I know all you youngsters think you won't get older but it happens. So what you say.For those of you that are socking money away in tax deferred accounts planning on taking it out in old age. If you have a lot and you...
Hello bigger pockets!Thanks for any advice and guidance as, like many, am new to REI! Being new to the community I've made the decision that best suites my investment situation will be to invest with a turnkey operat...
Wife and I have a few separate retirement accounts throughout the years of working at different places. None of them have the capability to direct the custodian to use the money for real estate investments. 1. How ...
I have a client whose house is currently worth $500,000 who owes $150,000 on the mortgage who is interested in getting a $250,000 second mortage to use as capital to invest in real estate in Massachusetts area. Their ...