Brandon Ellis
Don't quit your day job?
Let me start by saying that I discovered this forum a few weeks ago and can't get enough. I feel like I have gained about 100 mentors overnight, and all I wanted was one.
My question is for seasoned investors who, a...
Jordan Santiago
HARD MONEY FOR A RENTAL PROPERTY
Hello BP fam! So I am in New York City, and I desperately want to buy my first rental property. I am 21 and my goal is to eventually acquire 1,000+ units. As everyone knows, New York is extremely expensive so I was wo...
Danny Randazzo
Who’s Unhappy with Their 401-k?
What have you done to make the most of your retirement accounts (401k, IRA, 403B, ESA, etc.)? I recently converted an old 401k that wasn’t doing much for me into a self direct individual retirement account (commonly r...
Chase Gibson
Owner Financing - Ethics Question
I have an ethical question related to making an owner financing offer. Here is the offer I am considering making with theoretical numbers to get everyone's feedback on:The owner would like to sell the property for $1...
Ann Bellamy
Seller financing is about to get ugly on Jan 10 2014
Great article about new restrictions when selling a property and providing financing to the end buyer. These restrictions go into effect under Dodd-Frank on January 10. These are federal restrictions, not limite...
Julie Marquez
My Goals For Easy Rentals and Passive Income - Feedback Please
My husband and I work good W2 jobs in construction (me in project management, he is a carpenter). We love real estate and want to have more rentals in our area of rural Seattle Skagit County. We have one rental house ...
Mark Allen
Landlording vs. Seller Financing
I'm currently in the Dallas - Ft. Worth market - I haven't been investing long (since 2009), but recently I've been turning my rentals into paper via seller financing. Many of these properties have mortgages with less...
Adam Frantz
LLC funding for first property
I know that there have been a lot of posts about whether or not to use an LLC or not for REI. This is not a post about that. We have settled on doing an LLC. However, I have heard a few times on the podcast and in boo...
Michael L.
BRRR Strategy - Refinance Question
Hey there BP community,I'm getting ready to tie up a house in phoenix with hard money and i'm having some issues with the refinance part.Here's the deal:Purchase price: 90kARV: 135KRehab costs: 5kThe issues that i'm c...
Ana Huffer
Stated income HELOC?
We'd like to get a HELOC to be able to have money to put down with a HML in order to be able to purchase a property to fix and flip.We have about $150k in equity in our personal home. We have credit scores in the mid...