Hi BP, I recently watched another one of the BP webinars hosted by Brandon Turner. I'm a little confused on how the BRRRR uses "short term" and "long term" moneyMy understanding is that you can use short term money fr...
Hello,I'm under contract with a single family home in Gilbert, AZ and the house would make for a great short term rental. The house is being purchased in an LLC using hard money. Looking to spend about 65 - 70k on the...
Folks,Are there any other options for utilizing my 401k besides a SD-IRA? Here's the situation, I was laid off last week, so I'm jumping into REI full time. I have other capital to use as well, but I also have to cons...
Hello,I'm new here on this site. My husband and I are considering a townhouse purchase in Washington, DC. The price of the 3 bedroom townhouse, which comes with 2 parking spots (and has no affiliated HOAs) is the pric...
Hi BP!!!I am interested in getting into real estate and looking at a 6 unit multifamily for $250K.Before I proceed I was wondering which is the best option:1) Get a conventional loan with 20-25% down?2) Get a loan fro...
We have an applicant who is retired AND in the midst of a divorce. We seek advice in how to qualify since the divorce settlement is incomplete. Much of the assets including their current home are in both their names. ...
So I have been thinking about this for sometime now and I would really like to get into investment property’s. Trouble is I have no idea where to start. Iv never bought a home I’m pretty young still, my wife and I...
I’m new to real estate and on course to get my license but I came up with an idea on using funds from my 401k to purchase an home so I can rent out to tenants. Thoughts and feedback pls!
Hey everyone! Just received this P&L for a fourplex I’m looking into buying. The listing price for this property is $399,000 in Miami FL neighborhood of Hialeah.So my question is what do these numbers tell you? Ba...
Hi all,
I'm planning on going in with 2 partners on a property that we plan on buying and renting, with the general plan on continuing to buy/rent or buy/flip some additional properties. We originally planned to get...