Allen Smith
Financing my first flip-Tell me if this is a smart move
I am financing my first flip with my own money. I took out a Loan on my 401k and paying myself 6.5 interest. I also took out a Heloc on my home at 4.5 interest. I also have a 14 month zero interest Credit card to buy ...
Darlene Ellenwood
Transparency with property manager
I'm on the board of my condo association. We aren't getting all Financials, and no follow-up on the work that needs to be done in the community.
Louis Bratton
Getting proof of funds when you plan on using hard money?
I have done five deals so far using my own money or traditional financing. I am looking to use some of my own cash plus hard money for my next deal, but how do I show proof of funds to get the deal under contract if...
Todd Willhoite
Using 529 plan funds to pay house payments for college student
College student has a 529 plan. The college they are attending estimates room and meals to cost $5,700 a semester. If the college student buys a house to live in while attending college, can they withdraw $5,700 a s...
Jacob Archambault
Unique Real Estate Business Plan – Not Sure How to Fund It
Hello Everyone,Without giving too many details away, I have a business plan built around a property in that, after construction, will be highly profitable. I have experience in the industry in which I am planning to t...
Karen Johnson
Planning to Purchase With HELOC Funds. Need Help With The Basics.
Hello fellow BPers!
I've been reading related posts on the forums, but I need someone to explain a few things to me slowly and carefully, LOL.
Here is what I would like to do:
-Take out a HELOC on one of my invest...
Nicholas K.
Fund Down Payment w/ HELOC, Stock Purchase Plan, or 401K Loan?
Hi all,Long-time lurker but first time poster :) I'm looking to buy my first deal and feel lucky enough to have a few options to fund a down payment. I'd like the community's advice/perspective on any of these options...
Rabih El-Khoury
Got the funds but unclear about the game plan: advice needed!
Hi! I've come to a crossroad figuring out my investment game plan and would like your advice.My goal is to hit $12k in after-tax income by 2026.I can pump ~$60k every year, that's excluding re-investing any cashflow r...
Nathanael Johnson
Seller did not disclose an HOA special assessment. What do I do?
Dear BP community,Looking for some advice here. Would especially like to hear from AZ brokers and real estate lawyers as to their thoughts, but would welcome any and all feedback. Here's the skinny:We just bought a co...
Robert Bolejszo
What are the typical services that a property manager provides in its fee?
It is a bit unclear to me what property managers provide in its fee - does anyone have experience in this area and can share?some specific questions that I have what happens if someone is needed to be evicted? I under...