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Good Evening BPMy question for the day is: If partners are applying for hard money who's name should go on the loan? All of them or just the ones with the good income/credit?Real life example:My parents and I are goin...
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Hey guys, I'm in kind of a sticky situation. I've been trading for a few years now and have made some money trading cryptocurrency. I also have a successful business that operates 100% in cryptocurrency. We receive pa...
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Hi everyone,
I currently have around 800k in equity on my primary residence and after consulting with my lender can put a 500k HELOC in place. That said, in the event I loose the property to foreclosure or some fina...
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While I am saving for my next property, how can I put my money to work? If a Down payment is 10k it will take me about 10 months to refill and buy another, how can I put my money to work to speed that up? Also are the...
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Can somebody who lives off of the income from their rental portfolio help explain the mechanics of withdrawing cash from their portfolio? It seems like living off of rental income could get pretty complicated compared...
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Hello BP,I need some direction on what the better use of my money is. Currently I put 10% of my gross income into my 401k and in just a few years I already have 30k in there. So my question is, would that money be be...
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Hey everyone! I would like to hear what you all think of some of my basic plans for getting my REI business off the ground. I am going to form a LLC this February. I want to next open a business checking account in...
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Unfortunately one of my tenants defaulted in March'24. She paid rent till February using one of the rent collection platform that I have been using. Last week she recalled the February month rent saying that she didn'...
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My wife and I were the buyers in this case. We’ve placed a home under contract later to find out that it’s not a good fit for us. We made the decision to not purchase the home during our due diligence period. Our Agen...
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To keep a long story short, I own my own home, and own a cash flowing duplex I bought this year with FHA. I work a day job in the medical field. By chance, I met a real estate investor who is a realtor, used to be in ...