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Hello-I suffer from a de-generative spinal disease and most likely will be receiving a federal disability in the future. I live in NC. Is it possible to have an entity for investment purposes if I am not drawing a sa...
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I'm analyzing one deal per day. I came across a house that needs work and seemed like a great BRRRR, but after calculating the numbers, I'm not sure if it's worthwhile. I calculated 6mos of rehab/holding time and 6 mo...
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Brand new to RE investing and motivated to get started. Does anyone know if there is a penalty for converting a Roth IRA to a SDIRA to purchase an investment property? Research tells me that there is not a penalty as ...
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Hi guys,
I'm curious as to how the pros go about hiring workers and what are the average rates you pay?
Do you usually hire a "company" to do the rehabs? or do you have a trusted contractor that you kee...
Hello all! I have a question about the owner occupancy clause of an FHA-backed loan. I am looking to use an FHA loan to finance the purchase of a great Triplex that I found in Rhode Island. I currently live and work i...
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What does everyone think of 401k's, ROTH IRA's, etc? Would anyone cash in a 401k to pay off an investment property? Some doom & gloomers predict a 5000 dow by years end. Is it better to diversify with 401k and RE?...
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Hey guys,
I am now shopping around for lending on the Quadplex. On the podcasts I hear conventional vs. commercial and understand the pros and cons of both.
I am wondering what you guys are doing. This is my first ...
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Hi guys, I have a rental property in Austin, TX. I am in a situation where an old tenant broke the lease and owes me about 5K after deducting security deposits (2 months rent till replacement is found, early terminati...
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I'm still in the learning process of REI and have been reading a lot of books and blogs lately. While reading about qualifying for loans recently I read that you must be able to show at least 2 years of employment. I'...
Hello all!I have a management company managing a single-story home. They placed a tenant in Jan 2023 and the tenant stopped paying May 2023 and the eviction process has been started. I asked an agent from the company ...