Question: Do people generally scale in and out of the market, i.e. take profit, buy low, sale high sort of strategies or always buy and hold. If you turn over properties and convert gains to cash how do you set your...
Hello,I currently have an LLC set up and my parents have loaned me money to get started in real estate investing here in Texas. Unfortunately, my credit is not the best due to high credit card debt, which I’m slowly ...
I am new here today everyone. I have flipped 25 or more units until I saved and now have many off market buy and hold rentals, four 4 plexes, and 50/50 ownership with my son @Jason Powell on a 5 plex and 8 plex. I als...
Happy New Year, everyone,
I'm looking for some advice on a family real estate deal. Basically, I am providing them a lump sum to pay off their debts and in return, the taking ownership of their home. The plan is to l...
I just refinanced my primary residence and it took over 6 months to close on the refinance. I was told by the lender not to make any major purchases, or take on any additional debt, until the refinance closed. I just...
I have a house that used to be my primary residence that has $109k mortgage and $73k home equity loan that I used for stupid stuff as a kid. It would cash flow pretty well if only had the 1st but I have been renting ...
Good Morning all,
I am not close to retirement age, and have a question about my Solo-401k account. It was opened in 2005 when I was self-employed, but have not really contributed to it since 2006 when I took up regu...
Hi everyone and I hope you all have a wonderful day,
First, a little bit about my background. Around December 2019, I partnered up with an experienced hotel operator in Colorado on a $3.5m hotel. That obviously didn'...
I am a newbie to BiggerPockets and would appreciate some advice. My wife and I have accumulated some savings that I think can allow us to retire comfortably even though we are still young and may be working for anothe...
Do you have any advice or experience to share about not having a take-out loan for a construction project that slipped past schedule and exceeded the construction bullet? We are currently pitting a few lenders agains...