Steven Steele
Seeking Solo 401k advice
Good afternoon, everyone!Does anyone have experience investing in real estate via solo 401k? If so please reach out to me, I have some questions.Thank you,Steven.
Dan Blomquist
How to set up a second mortgage
I borrowed money from a relative to fund the down payment on my first investment (a duplex). I would like to set up a promissory note with this person and record a second mortgage on the property. How do I proceed? ...
Leon Shirk
Had fun doing Our first flip!
Investment Info:
Mobile home fix & flip investment.
Purchase price: $64,300
Cash invested: $37,000
Sale price: $149,000
$112K total funds invested plus some personal sweat.
How did ...
Maurice Watkins
PAY OFF MORTGAGE WITH BUSINESS ACCOUNT IF UNDER A TRUST?
Are we allowed to pay off mortgages with our business account(S-Corps) if we transferred the funds to our personal account? Both are under the same revocable trust account. I have called everyone including the IRS in ...
Greg Cropp
Senior Living Fund, LLC Investment?
Hello, New investor looking at senior housing market to invest via Senior Living Fund, LLC. Any chance someone here has invested with them and thoughts? Thanks, Greg
Bryan L.
Balance Transfer Credit Cards Question
I've recently been using some of those "0% Balance Transfer" cards to help fund my deals. They have a 0% introductory rate for 12 months or so, and you pay 3 points up front. That's incredible compared to hard-mo...
Andrey Y.
Uneccessary frugality?
Something that I have been pondering. For those of you who had/have a solid paying job and ability use your hard earned money to have some fun (travel, going out to nice places, piloting, presents for kids/spouse, etc...
Rob Brown
Asset Allocation for Real Estate Investors - % of net wort in RE
I am a real estate broker and investor who's been investing since 1999 when I bought my first property at 19. I have always had 80-90% of my total net worth invested in real estate and the rest liquid as a cash reserv...
Mark Bills
Retirement Account(s) with a Loan Provision Option
Hi BP World,
Here is my situation, I currently have a 401K plan with my employer which I contribute to weekly, this plan does not have a match option.
What I would like to accomplish
I would like to borrow agains...
Kristopher Smith
Using 401k to invest in real estate.
Hey there BP family! I was wondering if anyone has any experience/knowledge in how to roll a 401k into real estate. We are not interested in borrowing against it. We simply want to unload it and take control of our mo...