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Hello Everybody, I've often wondered about this but I've recently talked to a friend of mine who is in this situation. He owns several rental properties that he bought through his IRA with non conforming loans. He's p...
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Hello,I'm looking to do my first BRRR deal, but I'm not quite sure it's technically a BRRR. It's a gutted house- $100,000 and I would get a new construction loan, put $25,000 (of my Dad's money) down on the loan. R...
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If an investor fix and flips a home and sells it to an end buyer, what is the minimum ROI should the investor expect to gain when he/she sells the property?
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I am coming up 20 years in the Army. Preparing to retire. Have paid down all debt except 3 mortgages and one vehicle. The plan was to retire debt free with exception of the vehicle. With the current COVID pandemic, T...
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I have been on BP for a little while now and I have not come across anyone financing the way I have or maybe I just haven't recognized it.
To start I bought my current home I live in for 110k. I'm a DIYer and fixed...
Looking for feedback from anyone who has had experience with GroundFloor either as an investor who purchased equity in one of their loans or has used them as source for funding. Thanks.
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During this whole Covid19 epidemic my 401k investment firm is offering that they will waive the early 15% penalty to pull out up to 100k with no payback. I know there will be taxes due in doing so but I have never see...
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I own a fully leased 8 unit multi-family and am looking to purchase a 12+ multi-family in 2018. I estimate in my geography I can find what I'm looking for for around $750,000 or less.My bank is hard and fast on requir...
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I rolled over a traditional 401k from my previous employer to a Roth IRA at American Pension Services recently. I wont go into recent events since im sure most of ye are aware but I have now cancelled my account and a...
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We own a rental with $100k in equity. It is worth $220 and provides $400 per month cash flow income after mortgage, expenses, etc.We are also preparing to pay for college costs starting in 2020. If we were to refinan...