Tucker Cummings
Savings / Cash Building Tips
Just having this thought today on building my cash reserves for investing and wanted to throw the thoughts into BP. I’ve been saving my personal cash reserves for a while so I could buy my own properties and BRRRR/fli...
Account Closed
A twist on Leverage v Cash. I know, I know, but... hear me out
An age old debate, but… with a twistHello BP, I am new here so 1st off, hello! I’m hoping to get a little advice. Well, in a round about way.This is a hypothetical (and over simplified) question with relative numbers....
Chris Haas
SDIRA strategy
Bare with me, I'm about 1 week into reading about SDIRA.
Seems to me it's not a great way to buy real estate for buy/hold, however it does appear to be a nice way to be a private money lender.
I can see ...
Robert Campbell
Short term parking of cash
As the description says, I'm looking for the next opportunity to buy more real estate, but I'm currently deployed and can't do too much searching in earnest while I'm overseas. So I want to park some of my next down ...
Account Closed
IRA Hello Fellow B.P.R.s IRA distributions!
I need some advice! I am 75 yrs old. I have an IRA Which returns me 1.31 annually. I am forced to to take an annual disbursement around $1700.00. The IRA is 23,212.00, and pays 1.30% int. I would like to close the acc...
James Hall
Question about investor friendly lenders
Has anyone else noticed that it seems that the people who have the least understanding of money, investing, and profit and loss are bankers???Seriously though, we own 17 rental units; a five plex, a four plex and a ho...
Green Doggie
Why Short Sales Take So Long?
Newbie question. I read a lot of people complaining that short sales take too long. Would attempting to short sale on properties that are about to foreclosure motivate lenders to move faster? I read that lenders rathe...
Joshua Bailey
Little discussions on DSCR loans...
Looking into DSCR loans and they seem to be a pretty good option for someone starting out. Why is there little discussion on these loans. Is there a catch or am I missing something?
Shalom Benton
Financing with an LLC
I’ve done some research and it feels like there is some obscurity surrounding starting the process to finance with an LLC. I have an LLC. I have free and clear assets in the LLC. And the LLC makes $2100 gross income o...
Alex Capozzolo
Commercial Mixed Use - Tenant Search - Hot Pink Hair Salon
Hi BP, my partner @Jon Sanborn and I recently bought a commercial mixed use property in Philadelphia, PA 19132: 3 Total Units - 2 Bedroom Unit, 1 Barber Shop Unit, 1 Hair Salon Unit. The tenants we inherited are great...