James Maness
Apartment Complex
I am currently looking at a 15 unit complex sales prices$1,350,000. Net rents (minus 5% vacancies) is $170k expenses are $48k. Cap rate would be about 9%. I am thinking of doing a self directed IRA to pay for the d...
Sante R.
Credit Counciling Progams
Is anyone familiar with Credit Counciling Progams? I've never used one before b/c i've had good credit for many years and have kept my CC balances at a minimal. I've now bought my third property (Cash). Lines of ...
Devin McGinley
First home purchase looking to be profitable - Next step?
Hello BP Community,I am 24 years old living in Colorado Springs, and just bought my first property last year. Considering I make about 40k a year I am shocked I was able to even qualify for a home at all! I purchased ...
Bret N.
Personal Finance Statement Template For Bank Loan
Does anyone have a template they could share that encompasses rental income & also income derived from my company(which also comes from buying and selling homes as a Realtor) I am trying to give a to a bank for...
Steffen Kightlinger
First time buyer, 8,000 tax credit, Advice?
Hello everyone, im kind of walking blind here, and hoping to get some good advice from you all!
I live in Yakima, Wa and pay around 675 for rent, where i live you can get a decent house...
Zac Kucharek
Starting LLC questions - 1 or 2 member LLC
1 or 2 members for LLC for spouses when loan/title are under both spouse names:—————————————————————- Hello,I am starting an LLC and have some general questions. I am using the LLC mainly to shield liability from the ...
Shabyna Stillman
Crowdfunding Question
Hi, does anyone know anything about a crowdfunding group called Groundfloor? A friend of mine asked me about them and she wants to invest with them. I don't know anything about them. Any insight would be greatly appre...
Mark Culotta
Which loan for a group of rookies?
Hi All, I am one of three individuals hoping to purchase our first rental (single family or duplex) in the coming months. We keep getting different answers on which kind of loan we need and how to apply for it. We are...
Gabriel Benavidez
Borrowing from 401k
Im so iffy about borrowing money from my 401k and use it to invest in more properties. What do you guys think is it worth it or just dont touch it?
Jonathan Cox
Active Duty Real Estate Investing
my name is Jonathan after reading many comments and individuals investing in REI I can only hope to get as much feedback as I can. I'm active duty military from Baltimore. I brought my first home no money down using...