I am planning to use a line of credit against a house I currently own to fund my down payment toward buying a new SFH (pulling out the equity from one house to buy a different house). It is pretty easy to estimate in...
My wife and I are looking to get into the real estate investing market. Trying to gauge what our best options of raising funds to make our first purchase are. We both have very good credit. Hoping to not go through a ...
i am a certified nursing assistant who currently owns 1 rental property. My plan is to buy properties and turn them into assisted residential living then cash out refinance and repeat process. Looking for investors wi...
I am working to secure funding for the construction of 16 apartments near the University of West Florida in Pensacola FL. Does anyone have any recommendations for commercial lenders in the area? Loan amount is around ...
Hi BP'rsMy question is I am over 60 and can draw from my 401, so if I do draw say $20,000 and pay the tax up front will I be penalized or taxed again if I use that money for the purchase of a investment property? All ...
I am in contract on a hotel property in ABQ, in the Huning Castle area. Looking for lenders who will lend on purchase and renovation. The property is currently operated as a hotel however it is already zoned for multi...
Would like to meet private investors who are interested in making 18-24 month loans to help us acquire defaulted 1st position notes on a very select group of occupied properties, with pride of ownership, little to no ...
I talked to a mortgage bank officer and she said I have to show more proof of income. I wanted to purchase a duplex. Can I quality for FHA? Or borrow from other lenders.
Hello all,
What are the best tax preparation practices for house flipping? I utilize two methods of home repairs: rehab then rent; or rehab then sell (the typical flip).
Would my tax planning differ in each of the t...
Hi BP Universe! I'm in my mid-50's and just starting out. I have a small 401k of around $20k. At this point in my life, I see little opportunity for big growth in that plan. My question is, would it be wise to close...