Account Closed
Using Business Credit for Proof of Funds for Hard Money Loan
Hello, I'm currently going through the process of attempting to open 0% business credit cards to hopefully potentially use as the downpayment to qualify for a hard money loan, to then use that hard money loan to purch...
Brian Leppla
Solar Panels - Vendor Owned (Vivint Solar) Value
Good day all -Looking to clear up cross-messaging I'm getting.A company out in CA called "Vivint Solar" will install solar panels on my house with no money cost on my end. They are competing with our local utility who...
Courtney Spiers
Advice for setting up an LLC in Georgia
Can anyone help guide me in the right direction to set up an LLC in Georgia. Any advice would be greatly appreciated! Thank you,Courtney Spiers
Anita Z.
Sell Central Valley Rental and move equity to San Diego rental?
Hi, would love some input/advice on this scenario: I currently live in the Bay Area, and have a single family rental in Merced, CA that I believe has a slow appreciation: bought for $170k in 2005 & its now worth ...
Kyle Reynolds
Should I Sell or Rent Out My Home? Weighing Investment vs. Cash Flow Concerns
Hi BP Community,
I'm looking for advice on whether I should rent out or sell my home in Sacramento, CA. I’m moving out of the house soon and will be living rent-free with my wife at my parents' place in the Bay Area ...
Lane Kawaoka
2018 Tax Update w/ [Commentary] thoughts of where we are going???
Here is my findings of the newly released 2018 Tax Brackets. I know so exciting.The maximum contribution for 401(k) plans is rising to $18,500 in 2018, up from $18,000 in 2017 — this also applies to 403(b), most 457 ...
Joe Baker
IRA
Hi, First thank you for taking the time to respond to my post. I have an IRA and it has about $55k in it and i was wanting to use that to invest in real estate. Is their anyway i can withdraw without tax penalties? I ...
Timothy Metra
Ever quit your job too early to pursue your REI career?
Just curious as to if anyone has ever quit their job to go into real estate investing full time, and doing so too soon.I work 60+ hours week right now and make good money. I'm very knowledgable (at least I think) on t...
Ludmila M.
What are the cons of taking out ROTH IRA contributions?
My husband and I were thinking of taking some money out of our ROTH IRA for the REI business. The amount we'd withdraw would be around 20% of our overall retirement funds. We are in our 40s, if that matters.Aside from...
Jack Fernandes
Investing With a Broker's License?
I was curious as to how licensed brokers (in California, or anywhere similar) handle fee splitting when buying properties for themselves. Presumably as a broker/agent, if you present the selling agent with a buyer, yo...