Esha Addy
Self Directed IRA: Pros and Cons of using the money flip houses
I just resigned from my job and have a sizeable amount in my 401. What are some of the pros and cons of transferring the money into a self-directed IRA and then using that money loaning that money to your own company ...
Lissa Dear
First Deal Done! Now What?
Hello everyone,It’s been over 2 years since my first BP post! And I still feel like I’m at Square One in a sense.My goal then was to buy my first property and house hack a multifamily residence. Feels good to say tha...
Wade Stahle
assigning contract without "and/or assigns"
I have my purchase agreement contract. I was planning on doing a double close. I am no looking to assign that contract. The contract doesn't include "and or assigns", can it still be assigned? Also does the assignment...
Chi Zhang
Material participation while managing renovations at a remote property
Hi BP, I’m in the process of renovating and setting up my first short term rental. The property is about 3 hours drive from my primary residence and I go there once or twice every week to work with my contractors to c...
Jordan Autrey
Fix and fliping for newbies
When fixing and flipping, what should you put down for payment 30% or do you do 100%...I have analysed a few flips in Las Vegas where I live and not sure if you should put 100% down or should you do like rentals and p...
Kyle Souza
Qualifying for Small Multifamily Loans
From this groups experience, what sort of "gut checks" do I need to make to make sure I will qualify for debt on my first Apartment Acquisition? I am working with a partner but we are in our late 20s, loan sizes are p...
Raquel Brown
23k to refi??!!!!!
I’m at a total lost right now! l was just told I would have to pay 23k to refinance a portfolio rehab loan on two properties. they are only lending 70% LTV, my rental rates are $1785 and $1985, but the market rents in...
Krysten Zarembski
Cash Flowing a Mid Term Rental
Those that are locking in new mid term properties - are you cash flowing? I know this is not the most ideal time to buy with interest rates, so just curious to hear how everyone is doing in the mid term rental space, ...
Chelsea Jeffers
Cleveland neighborhoods, investing
I am looking at a property in the North Collinwood area of Cleveland, Ohio. Im told it is a C-/D+ area. I’m wondering what everyone’s thoughts are on this area. The numbers for the property make sense. My agent has br...
Fergus Cullen
What would you do: Re-financing reno & new construction
Nearly a year ago I bought an existing two-bed, one-bath 1,440 sq ft ranch with a two-car garage on 1.4 acres that had fallen into disrepair. The purchase was in my own name, not an LLC. The purchase price was $374,00...