Allen Bannister
15 year or 30 year rental property loan?
I’m looking to house hack a duplex as my first rental property and I’m stuck on which type of loan to use as a 24 year old with next to no credit and also the length of the loan. I’ve heard 15 year has lower rates and...
Bennie D. Cooper
What are equity partners looking for in a partner?
Hi all!I have been wanting to get into Real Estate investing ever since I was a young adult and I had it in my head that I needed to be rich first in order to get started. I recently rediscovered the idea of Equity pa...
Stephen E.
Checkbook IRA/ Checkbook 401K: Its is Legal or Illegal
I have known about self direct IRA but not Self Directed 401K and 'Checkbook' IRAs. I wanted to take control of my personal debt and let my IRA benefit from the loan but still maintain tax preference.What circustances...
William Lu
Having Trouble Finding a Loan for an Out of State Commercial Property
I live in California and found an off market deal for a commercial property in a different state. I plan on renting it out. However, I am having trouble finding any lenders. *BoA says they don't do commercial loans fo...
Christoper William Owens
How did you first get into the real estate game?
What did you do that first got you into the real estate game? Because I was thinking about getting a deal that looked good and going to find a experience partner to help me get over the initial learning curve in real ...
Account Closed
Why RATE OF RETURN is CRITICAL
“Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.” - Albert EinsteinI detest LAZY money.It pains me to see good people who kill themselves at their j...
Nicholas Davaul
Seeking Advice on Partnership Structure for Real Estate Investment
Hello Everyone. I'm looking for advice I'm currently in a real estate partnership, and I'm seeking some guidance on ensuring that our partnership is structured in a fair and financially beneficial manner for all part...
Andrew Simms
Considering selling my STR - Some tax questions - Some general
I have a mountain cabin in WNC. I really enjoy running the STR, providing great value for our guests and ensuring they have an excellent time. There's something fulfilling in it. That said, it is a financial decision ...
Mike Lauer
Minimum income requirements for SFR rental - all adults at 3X?
Hello!I recently acquired my first rental property in a nice Milwaukee suburb. It is a 4-BR SFR that I think I can rent for $1400-$1500/month. Rehab is almost complete and I'll be listing soon, so I'm cramming on my t...
Joshua Stewart
BRRRR House-Hack Questions
Hello BP Community, I am trying to purchase an investment property in the town I live in in North Carolina. This would be a BRRR/House-Hack hybrid. Essentially my wife and I would buy and live in it while we did the r...