Mike B.
Using 401K to fund REI
Hello BP Members,I'm new to REI and live in the San Antonio, TX area. Has anyone here on BP withdrawn 401K funds to begin a REI career? I am not talking a Self Directed IRA, as I want cash flow now. Also, can you d...
Jacob Hamilton
My most recent New Construction spec home and what I learned
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $480,000
Sale price: $1,080,000
This was a new construction project that I took on in 2021 and finished in mid 2022...
Jared H.
Different score models used for joint mortgage application?
I'm applying for a second mortgage with my wife as a primary residence with a direct lender. I remember on our first mortgage (using a broker), our credit score report was given back showing the same credit score mode...
Mario F.
First time home buyer - 4 unit in Inglewood CA
Hey guys, I was wondering if I could get some advice on a deal that I'm trying to close for 239 West Hillcrest Blvd Inglewood CA 90301. I got the offer accepted this past Monday for 750k, which was awesome. But the ...
Andrew Schlessinger
Should I Refi to Finance Next Deal?
So...I bought my first property in Dec 2014 and finished the rehab in February. Spent all of March working to get the Section 8 inspector in (failed the first time around), and am finishing up the "fix" items so I ca...
Jennifer Burgess
My one year plan- good or bad?
My husband and I are in the DFW area, (Little Elm to be exact) and we are saving about $2,000 a month and currently have $10,000 in savings. We recently bought a home- right before we decided we wanted to get into REI...
Ahmad Nassar
Submitting an offer on a bank owned property
Hello everyone,I found a great multi-family bank owned property in the Cincinnati area. I believe the property would make a great BRRRR I want to submit an offer on it but am kind of confused on which steps to take fi...
Janelle Scruggs
Jumping in? Maybe not.....
I am in the Atlanta market and was thinking of jumping into it already. I have about 80k liquid and dont know if I should look into buying one home in North Atlanta or buying a couple units(townhomes or condos) in ...
Kevin Owens
Ask Anything! Fannie / Freddie Multifamily Lending
Ask any question regarding multifamily lending with Fannie and Freddie. Topics may include proper expense guidance, COVID-19 escrows and their releases, net worth and liquidity requirements or non-recourse elements. I...
Philip Stewart
Use my money
I have some money to finance some deals. I'm wanting suggestions on the best way to make money with my money.