I am nervous about my first deal and need some advice. I want to buy and hold a triplex in florida. Here are the details: Three units. One 3/2 and two 2/1.
$245,000 price. 25% down. $3000 closing costs. 4.5 % ...
Hello! I am a first time investor that has been studying and saving for the last 2.5 years to go into real estate investing. I feel fairly comfortable with the concepts but have never actually done a deal so wanted to...
I've been living with my parents and I am planning on getting an FHA Loan to purchase my first home. I want to house hack and rent all of the rooms out (since with an FHA Loan I have to be a primary resident I cannot ...
Hello everyone!
I will start by expressing my respect and admiration for the vibrant community of investors helping one another for the mutual benefit of all here at BiggerPockets. I also wish thank all those who ta...
I know that it is possible to purchase real estate using a self directed 401k using a variety of strategies, either purchasing in full or partnering with “yourself” outside of the 401k to purchase the property. Howeve...
Hello,I have a 401k with 30k in it. I can take a loan out from it for 15k for 5-10 years. The interest rate is 3.5% which gets paid back into my account. So the question is, should I take out the loan on my 401K to he...
Hi All,Is it possible to Rollover a pension payout to a real estate investment account tax-free?Any direction on this would be greatly appreciated!Thanks,Stephen
Im wondering if i can use a heloc on my primary residence to either purchase or use for a down payment on an investment property and then refinance the investment property into a conventional 30 year mortgage to “pay ...
Hello, I'd like some investors to weigh in here... I live in South Charlotte in a very nice neighborhood with great schools. The only problem is my rental portfolio is in South Carolina (3 lake homes we airbnb) and m...
Hi guys,In 2009 I bought a little 1 bdr 1 bath house in Idaho for 25K, now its worth about 120K.Its rented, I get $500 per month, but the tenants is planing on moving in a few month.Before this tenant I kind of had a...