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So, I'm a couple weeks away from closing on my first 4-unit and was wondering... "How am I going to pay myself?"
How do you initiate and record payment to yourself? Do you put yourself on payroll? Do you calculate yo...
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Has anyone had any luck with gap funding? Are their any pro's or con's? Thanks in advance for your response and knowledge!
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Thoughts on Coronavirus, and why right now is the ideal time to purchase single family rentals.
While the Coronavirus has had an impact globally in different ways, the SFR rental market is extremely strong with highe...
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I am just starting out, so funding is a big challenge. I have a lender offering me a 5/1, 7/1, or 10/1 interest only arm loan.
it does create more cash flow for the first few years which should help with scaling my...
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My wife and I are looking to add a second property to our portfolio, we are looking to use the appreciated value of our first property to purchase the second. I am just looking for some help understanding how to calc...
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Hello Biggerpockets,I'm in the process of closing on a duplex in Cleveland and am starting to think I picked the wrong lender. I have been asking for details on money down, closing costs, interest rate, etc. and have ...
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I have contacted several lending companies in South California, I don't really opt to use the one's that requires credit, for some business reasons. Are there companies that loan you the 70% of ARV? Are they much more...
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Hi all :) I'm considering liquidating my 401k to buy rental properties. I currently have 4 and they're cash flowing quite well.I've been reviewing a few discussions here on BP that discuss the benefits and disadvantag...
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I currently have a SDIRA with a check book LLC. I have a couple of houses and mutual funds. I have just learned that I may or may not have overstepped my arms length vs personal involvement by occasionally providing...
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Hey, I have been reading local posts and am really impressed with the wisdom imparted for free to strangers. Here's my situation i would love input please. my family live in West Bountiful in a twin home. We bought it...