Mandy Star
what should I do with my money I am saving?
I bought a condo with my mom a few months ago and I owe $120k on it. I have $29k in savings atm. I make $59k a year before taxes. I save about $2k per month. I have no car payment. We bought way under budget I believe...
Mark Cermak
BRRRR Cash-Out Refinancing for a new LLC (with 3 partners)
Hi there! I'm currently looking to form an LLC / Partnership Agreement to get started on doing BRRRR's and funding them with cash up-front. Looking to fully vet this out before getting started and want this to be se...
Michael Garcia
REO bidding
I put in a bid on an REO last week. The bank just came back today with ... "Please be advised that we have multiple offers on this property. The seller is looking for your buyers best and highest by no later than 5...
Eric Marlow
Self directed IRA
My question is when you buy real estate with a self directed IRA do you have the title of the property? Can you sell the property for a profit and put the total sale right back into your SDIRA? If you pass away do yo...
Devin Basile
Self Directed IRA
Hello. I am looking to purchase land and potentially rental property using a self directed IRA. I am looking to establish an understanding of the following so that I can make decisions on how to structure the LLC": - ...
Andrew Postell
How a Declared Federal Disaster Area can help property owners and tenants
We have had some recent storms in the Dallas/Fort Worth area that have caused some serious damage and even taken lives. The damage has been so severe that we have recently been declared a “Federal Disaster Area”. Th...
Adam Nelson
Using your 401k to buy a first home
Hey BP first post here. I've been looking to buy my first home/investment for some time now. I've been researching into using my 401k to invest in my first house. I would use the money as a down payment on FHA loan, i...
Jim Rivell
Private Loan Payoff Documents
Hey everyone - I am going to be paying back a family member who lent private money on a deal recently. We did sign a loan agreement at the beginning of the loan and there is no early pre-payment in the contract. Do yo...
Mark Bringas
Is Interest Rate on Construction Loan 8% Worth it?
I got pre-approval for a construction loan for 8% qualifying rate (not final). What is the current going rate these days ?How much is too much ?
Daniel Alzate
Hi, I’m looking for a CPA that’s familiar with solo 401 (k)
Hi, I’m looking for a CPA that’s familiar with cost segregation and solo 401 (k) residential investing.I’m in the S. Florida area. Preferably someone that’s accepting new clients. Thank you in advance!