My wife wants to buy another house for our personal use. My question is....if I take on a lot of debt from investment properties, will that limit my ability to borrow money for a personal house?
I have a Heloc on my personal house. I used that money to purchase a 2 family . Now that I'm turning 65 soon by God's grace, I am thinking of taking out a reverse mortgage on my personal house which will pay off my H...
I read that with an sdira or solo-401k you cannot have any part of a property owned by the fund be for personal use, can't live in it, can't let your uncle from Hawaii crash in it for a week etc.
What a...
Hello Bigger Pockets!My wife and I are looking for a bit of legal advice. We recently moved to the Seattle area from Texas with our 2 month old daughter, leaving behind three rental properties, two long-term and one A...
OK, long story short... I bought a unit with 20% down about 5 years ago, fixed it up very nice, rented it out, paid off the mortgage note, sold it, saved up more $, and now I have just under $250,000 in my high yield...
Please, let me know if I am posting in the wrong area. Otherwise,Hello,I am back! After getting so much information from the users of this website before, I am back again, but I really hope to linger a little longer. ...
I am wondering what a good profit split would be for one individual being the investor and the other individual doing all of the manual work. The investor will pay for 100% of the house and renovations for the house t...
Recently closed on residential with rate of 3.5%. I know investment properties run higher rates but is 5.75% a bit too high or that’s typical? This will be my first purchase of actual investment property. Thanks!
What do you guys think of my business model
Our Business Description
We buy mobile home parks and mobile homes to fill the need for afford...
I'm new to this kind of real estate, was trying to do some research but still not able to get the difference. Like, after Targeted hold period - what happens? You get money back? Or if you want to get your money back ...