Anthony Simone
Trying to get to the next level in rental properties
I have 3 rental properties and my question is how do I get to the next level with not having a lot of money in the bank. I know I can do a cash out refinance, but with the high interest rates right now this doesn’t se...
Gloria Mirza
affect of HELOC on DTI
If I were to obtain an 80k HELOC but not use any of the funds, how would that affect my DTI levels? I'm considering purchasing a house with a 60 day IRA loan, then putting the funds back in my IRA after closing so th...
John Lindenauer
self directed ira help
is there a company that provides the ability to invest in traditional stock as well as non traditional. My goal is to invest in the market short term with a 401k I wish to rollover then, when the opportunity presents...
Dane Fossee
ACH Auto Debit
Hello All:Can anyone recommend a good service / bank that has great ACH/autodebit capabilities?We currently use our bank but their online system is clunky and doesn't automate well. Thanks!
Tim Kelly
Structuring a Private Lending Deal
BP Pros...My Mom is somewhat interested in helping my out with a down payment on a multi-family. What are some basics in structuring the deal and presenting it to her so it is a win-win for both of us?Obviously, we e...
Amauri Martinez
Have you used Do Hard Money?
Has anyone successfully used Do Hard Money? My client wants to use them and I spoke with one of their reps too. They seem legit but 100% financing with no skin in the game sounds too good to be true. Any help or advic...
Keith W.
Hard money interest only payments
For example, there is a $100k rehab loan. The investor requests a draw for $10k to cover the first part of construction. Are the interest-only payments based on the $100k or Just the amount drawn? In this case, the 10k?
Jose Petitfrere
How can a 20 year old invest $300000
Hey, so I am a 20-year-old studying real estate and finance at college so I kinda have an idea of what I want to do but not quite sure. I was looking to diversify my investments some Mutual Funds/ETFs and real estate ...
Paul Khazansky
Capping the recourse liability
Want to discuss the issue of capping the recourse liability. Let's say I want to buy a $2 mil hotel. This would be acquired through an LLC that has hardly an assets, so the lending bank would require recourse lendin...
Ryan Best
Using RV as primary residence while renovating investment homes
I was wondering if this makes investment/tax sense and if anyone has done something similar:
1. Buy an RV as a primary residence (I've checked IRS/State law and can do this in Arizona)2. Buy and renovate an investmen...