Varma Adduri
Is this even legal?
Hi,
I am looking at buying a beaten up house for cash to fix it up. I have mortgage on 3 houses and HELOC on one for them. So getting a new conventional loan is doubtful.
With the house I was referring to, let's say ...
Account Closed
What are your feelings/thoughts/ideas on Self Directed IRAs?
Do you use them? If so who do you use? Had bad experiences? If so why? I haven't done much research yet, but I am really wanting to take the leap. Tips, hints, suggestions, stories are appreciated!
James Sea
Alternatives to holding reserve funds in savings account?
Are there alternatives out there to holding reserve funds in a savings account?
Short term bonds? GICs? Anything else?
It hurts me to see essentially nothing in interest on my reserve funds when I know there are bet...
Gregory Jimison
My First Deal!!
Well I have finally pulled the trigger and am currently completing the process of purchasing 2 fourplexes from a bank! Here are the numbers, let me know what you think.
100% bank financing
140k property (both build...
Bill Gulley
DODD-FRANK, UNDER THE GUN!
This is not a political thread! However, Dodd-Frank is under the gun with changes (pulling teeth) from the Act under the proposed government funding Bill.The attack seems to be where you'd expect it to be, provisions ...
Jason Ortiz
80/15/5 Piggyback loan ?
Has anyone use a 2nd loan to cover the difference in Down payment ? I’m looking purchasing my first multi family unit home. I’m looking into a 4 unit multi family home in the contra costa area and planning to live in ...
Malcolm Darensbourg
Analyzing a Brrr deal
How's everyone doing ? What do I factor into analyzing a Brrrr deal ? Also what are some methods for coming up with a offer price ? Sorry if I'm too vague.
Ram Srinivasan
Seller Financing overleveraged Deal on terms (Canada)
HI All,I have a potential opportunity that I am considering quite seriously. Here is the skinny:Single family house in Airdrie, Alberta, Canada (Nice B neighbourhood, close to schools, transit).A little background on ...
José Rodriguez
30k legacy education a way to go?
Hi everyone,I'm new on BP,currently have my own Renovation Company,tried a couple of flips before (one went good the next not so good due to lack of knowledge on the whole REI picture).Having said that i read Rich dad...
Jeff Kissling
My Rental Property Flooded
Looking for advice.... My rental property flooded. The toilet (feeder line) broke on the 2nd floor while the tenant was not home and did quite a bit of damage. The unit needs all new flooring/carpet,Sheetrock (walls/c...