Lynn DeShazo
Need advice - loaning/investing correctly from SD-IRA
I am about to use money from my self-directed Roth IRA to help rehab a property being purchased by the LLC of which I am a member. I am talking with my CPA, but am puzzling out the best way to proceed so that I take t...
Chelsey McMasters
Under Contract...now what
We're really excited, we're under contract for our first door in San Antonio!! We didn't make an all cash offer for this rental property so now we're debating whether we should funnel money at the principle to pay of...
Account Closed
Bad bad bad luck with new construction
Just before the pandemic started I signed a purchase contract for a 2beds condo downtown Austin, about 630k. I realized only now that it is not contingent on the financing. I paid already 30k earnest money and another...
Michael Ealy
Using Real Estate Investing to Help People
My business partner Nate Barger sent me a text message expressing gratitude for what I've done to help him. Last Friday, he closed on his dream home - a multi-million dollar home in Mason, Ohio (suburb north of Cincin...
Patrick Roane
Getting ready to purchase an SFR rental
Hey folks,Quick questions for you. I have enough cash in the bank to purchase a small 2bd, 1ba SFR (already cash flowing/w tenant) outright. My question is, should I make a cash purchase so I can own it free and clea...
Trina C.
Private Lenders
How can I find Private Lenders that are willing to invest? It's more difficult than I anticipated
Phil Rogers
Helping an investor with vacant houses?
Hey BiggerPockets! New investor here that's looking to get started! I've been researching for about a year and have been trying to find the best way to get started, I recently spoke with an investor that has a couple ...
Guevara M.
Seeking Advice Please...
I purchased my first & only property back in 2004 to use as a rental & help establish my credit. It is a 1 bedroom/ 1 bath condo. It's just like a 1 bedroom apartment if you get what I mean.
I knew nothin...
Bryan Casteel
Lease/Option versus Lease/Purchase
Does anyone have a good handle on the difference between a lease/option and a lease/purchase. It is my understanding that they are very similar except that under the lease/purchase, the "buyer" is guaranteeing a cert...
Aaron Mazzrillo
Which do you choose?
I got a property under contract today. ARV is $190K. Seller owes $187K. The loan is 5.1%, 30 year fixed, PITI of $1,249.51. Long term tenant paying $1,675 and all utilities. I purchased the property subject to the exi...