I'm brand new to this site so I hope this is the right place to post a question. I own a rental property outright that is currently generating rental income. I feel that considering the fact that I don't owe anythin...
Here is the issue, my mother had this five bedroom ranch house. Her and my father had bought about 7 years ago for 182,000 . Then my father had passed away about a year after they had bought the house. Then she had a ...
Hi, I live in Redmond, OR and will be moving to Eugene, OR April 2020. I have time in my favor and I'm trying to make the best financial decision. I work in Alaska 8 months a year commercial fishing and am on my secon...
What Does It Mean To Leverage Your Cash?
Leveraging is a common term in the real estate investing world which basically means borrowing money to buy a property. Investors will often use a leveraging strategy to borro...
Hi everyone! Thanks in advance for your quick help on this! My situation- I have some cash to invest ($120K right now) as well as $320K in my self-directed IRA. I have never used the SDIRA funds and for some reason ...
Have just been approached about participating in a flip, and I've never done one. The other party has done several, and their track record for profitability is good. However, it's outside of what I know, I would appre...
I have been researching a variety of ways to come up with money to finance a deal on a property and thought of pulling money from the 401k Plan that I have been investing in for the past couple of years. Does anyone h...
Hi looking to getting my 1st property. I’m trying to understand how long should my loan term be I have been pre-approved for 30-yr loan but don’t really understand how it will make money. I know to make sure the rent ...
I have two rentals, both acquired through house hacking. I live in Austin, TX. Market has been hot for years now. Although, I can still cash flow in some areas, my money is tied up in other investments and liquidit...
A couple of months ago one of the guys who does the flooring in my rehabs in Arizona said that he wanted to buy a property but he couldn't get a loan with the bank because he is self-employed and he didn't have a two...