Chafic El Amatoury
Proper bank account set up
Hello to all Inverstors and Landlords,
my issue might be a bit basic, but it is vital and I believe many can benefit from it. After a long search, I finally purchased my first Househack property. It is a great one...
Bradley Fulp
Personal loan for down payment?
Hey guys,
What do you think about getting a personal loan for a small down payment? I'm looking at a rental property for $100,000 and I'll need around $1750 for a down payment. I'm planning on going in with a partner...
Alfred Litton
Just a Few Dollars Short!
Hi All. I currently own 2 SFHs outright (no debt and both in my LLC) and wish to purchase a 3rd. I have $50K but would need about $85K for the 3rd home. I don't want to do a traditional mortgage since the amount is ...
Account Closed
How To Find Your Mentor for SubTo, Seller Finance & Wraps & Creative Finance
How To Find Your Mentor for Sub To, Seller Finance & Wraps (Part 4 of 4 )
First you should figure out what kind of investor you want to be:
Here are some Types of Investors:
Single Family Houses
...
David Stacey
DO I need multiple LLC's?
Hello All
I am a real estate agent in Atlanta. I have an LLC for my real estate business so when I make transactions, my commissions are deposited in my LLC instead of my personal account. Recently I have decided to ...
Sam Valme
How to unlock a HELOC
Hello BP Team! We were planning on purchasing our first rental in Feb of next year. Instead we are thinking about requesting the current owner open a HELOC on the home. They current have about ~275k in equity. We coul...
Kyle Shepherd
Super confused on 30-year mortgages . . . ?
Hey folks - I am a noob, and I am confused. I have not done my first deal, but I am always looking at properties and crunching numbers. (I have not done my first deal yet because I am behind the game when it comes to ...
Dawn Anastasi
Cashing out a Roth 401k
I have been told all my life in saving into my 401k that you need to save the maximum that you can. So for many, many years I have been saving the absolute maximum allowed by the government every year into the company...
Steve Sorensen
Financial Structure for Private Lending Deal
Hello! I have recently been searching for a mentor prior to making my next investment and I found one, and he's in private equity so he and his friends are pretty wealthy. He's willing to act as a mentor, and he also ...
Matthew G.
What would you do in my situation??
Hi folks,I won't bore you with a long introduction. Here is my situation:My wife and I had a W2 income of approximately $230k last year. We'll do about the same this year and every year for the foreseeable future, g...