Account Closed
Is Hard Money Offer a Cash Offer?
Hello All, We are investors in the Houston area and have just begun making our first offers. We will most likely be using a hard money lender and have a question on how that is considered when writing up the offer. Ou...
DJ Dawson
Using 401k to invest
Hello all!!
I recently left my employer and am looking for a way to roll my former employer match 401k into another avenue that I can use to invest into real estate. I’ve heard a lot of different takes on this so I t...
Sean Smith
I own a 2 family w/ no mortgage and can’t get a Heloc
I own a 2 family out right that’s worth $300k. No mortgages. I also have zero personal debit besides a $400 credit card. Credit Karma says my score is 675. I recently open up a business for Electrical contracting and ...
Gustavo Panosso
Seller wants verbiage in the purchase contract to buy back hous
I'm not sure how to handle this situation... The seller (let's call her mom) is in foreclosure on her Florida home. Foreclosure sale is happening soon. We came to an agreement on price, but we are working out other te...
Jaclyn Peyton
How to convert Roth to self directed IRA
Hello,
I am a startup REI from Lake Saint Louis MO who is trying to get information on how to convert my Roth IRA into a self directed IRA. Does anyone have any recommendations on who I should talk to? Does anyone ha...
Jonathan Moerdler
Best SDIRA Strategies
What are the best strategies to use when using funds from a SDIRA I changed jobs and have money in my company’s 401k, but would like to use this money to begin my REI. Which strategies work best with these types of fu...
Hillary Klumpp
HELOC Guidance Needed
Hello BP team,
I’m going to utilize a HELOC from my personal residence to fund investment properties. Can someone please provide advice as to where I should start my search for an institution to provide my HELOC? I...
Maryam Mostafa
what do you think about CASH ONLY?
Would you do it? it's my first investment property. not that i have the moeny to cash out a property now anyway. but is it worth it to do so when clearly something major would be worng with a cash only property? it se...
Dillon Vansickle
New Investor here, how would you do it, if you could start again?
Hi all,
I've been learning alot about investment properties over the past year or two. I'm currently waiting for a seller to sign my offer on a duplex. I'll be purchasing in cash and then refinancing out ASAP. I pla...
Brandon Motuk
Refi from LLC to Personal
I currently own a property through my LLC that I am looking to refinance. I just had one lender tell me that if I wanted to "refinance" into my personal name (they don't lend to LLC's) then it would actually be a sal...