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Is is smart to do a heloc before changing jobs, to secure getting the loan even though I don't have the property selected that I want to use the money for yet?
Purchase Money AnnuityAsk the seller to take back an annuity for all or part of the purchase price. The annuity lowers their tax burden by spreading the gain over years, and they will earn more money over the long ru...
Ill try to keep this simple. I own 7 sfr outright and currently have minimal cash capital left to invest into this potentially great opportunity for a fixnflip. Im a general contractor with not enough income reported ...
Hello everyone,
I have a quick question:
What if you are a full time employee (W-2) and have done a couple of flips under an LLC and incur a losses in the current year. Could you deduct those losses against your W-...
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I have about 50k sitting in a IRA. it was a old 401k that I rolled over. thinking of moving it to a self directed IRA and invest in big fund but I still can't touch the money until I'm 59.5 yrs old and i have no pass...
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Hello Everyone
I need some advice on a 4-Plex 1bed/1bath before making a good or bad decision? This is my first property purchase and i am pretty nervous on signing a contract. I am not sure if i am missing something...
Hi all,Have a weird situation where I recently purchased a rental property 1 year ago and am looking for a new loan on a new property. I have great credit and W2 income to purchase a property before my rental income (...
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Hello BiggerPockets community,I am currently going through the process of purchasing a duplex in Sacramento, CA. I have asked for records to confirm past income and costs of the property to accurately model the cash f...
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Hello BP Community!I have one deal under my belt and want to purchase another property by the end of the year, but I am running into a personal finance dilemma. I make very good income (over six figures) but because o...
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Is there any recommendations for an investor friendly bank in the Nashville area.Thanks in advance.