Kenneth Burdick
Using HELOC for down payment
Hi BP community,
Our current primary residence has a first-position HELOC. We were planning to use funds from this account to purchase another home, but the lender is having an issue with us “using borrowed money for...
Jason Henry
Newbie BRRRR question
If You BRRRR a property does it matter if I can only pay cash for the acquisition and not the rehab? Or vice versa, can only pay for rehab and not acquisition? Meaning get some other form of lending for the piece mis...
Ladd Krestan
Best way to do 401k loan for capital
Hi All, my fiancé and i are looking for advice on how to take the money out of her 401k for capital without getting hammered on taxes and penalties? Or only having access to 50% of balance. IRA? No longer with the emp...
Erin Wicomb
The difference between a REIT and a Private RE Syndication?
I had a client ask me today what the difference was between a REIT and a private real estate syndication. We talked about it for a bit so I thought I would share some key thoughts with you guys!REIT: REAL ESTATE INVES...
Isaac Fischer
Borrowing Against Retirment
I have been thinking about borrowing against my 401k to get started in investing. I’m under 30 and my goal is financial freedom starting with real estate investing. I know the risks associated with borrowing against m...
DeWitt Gibson
Syndicating Deals for Special Purpose Single Family Homes
Hello Bigger Pockets -> This community never ceases to amaze me so I will through this out there: I know that syndicating deals to purchase commercial real estate is pretty common. There are a lot of parties and co...
Digger Odell
Where is best to withdraw money to purchase second home?
I'm over 60 years old and in the process of purchasing a second home. I am paying cash and expect to close end of October. I will be withdrawing the money (around 225K) from my mutual funds. Probably from a high yield...
Benjamin Carver
Savings versus Index Fund
Scott Trench states in the conclusion of Chapter 9 that it is "inefficient and dangerous" to attempt high earnings if an investor possesses less than $100,000 ready-to-invest dollars. He goes on to say that it would b...
Todd Chartier
Lenders (Flip Funding LLC)
Have any experienced investors ever used "Flip Funding LLC" to fund any of their deals?Legit company? Just doing some researchThanks
Rudy Dvorak
Need Equity loan(s) - portfolio - equity loan
Good morning,
We are experienced operator with very little experience with equity loans or heloc......never done one. I Have been floating ideas for several years to guys that have experience with how to use my equ...