I came across this BP forum post from a few years back discussing the merits of cashing out a 401k to invest in real estate. http://www.biggerpockets.com/forums/49/topics/7460... There was some good discussion but the...
We have many, many SFH and work with local banks. We just had a new line of 1M approved for that. We usually pay aroundHowever, I am looking at a small multifamily (12 units) that we would like to buy. It ...
I have always heard that you couldn’t get a mortgage on a property under $100k.
I never knew why you couldn’t I just accepted it as fact.
Do you or anyone you know have any experience with these less than $100k lo...
Hi everyone,As you can see I am pretty new.I am learning about wholesaling, networking, building a website, etc. here in Lynchburg VA. I have been listening to all of the podcasts and I have learned the following thin...
I am interested in starting a flipping business with a friend. This friend is already a successful flipper, but needs more capital (so we can buy at auctions, etc., for cash).I lost my job of 28 years, and have a 401...
Hello BP family,
My LLC owns a few lots outside of Greenville, SC. We are interested in selling the trees on the lots to a lumber company if it's profitable. Does anyone have experience in this area?
So I'm doing research on SDIRA's and my goal is to buy income producing property, but non-recourse loan terms are expensive. One lender wants 12% for 12 years, I can't make the numbers work unless I buy the proper...
Hi all!I want to start a self directed IRA primarily to invest in tax liens (tax lien certificates). Does anyone recommend a good provider/company to go with??Thank you for your time in advance! Victor
Investment Info:
Condo investment to cashflow in Myrtle Beach
Purchase price: $235,000Cash invested: 20% down = $47,000HOA Fees (including internet and ALL utilities) $593.00/monthDebt Service: 7 year ARM/30 year mo...
I am using a HELOC and possibly my IRA to fund my first FLIP. My question is would I have to pro rate the amount I used in my IRA out of the profits and stick it back in my IRA or how does that work with flips and s...