Dan Barman
Borrowing Against an IRA???
I've been hearing some murmurs lately about people using their IRAs as collateral (?) to "borrow" funds to use for down payments / rehab financing for real estate projects. A family member of mine passed away a few ye...
Ross Kline
At what point should someone hire a CPA or Advisor?
I know hiring a CPA or advisor is a good idea at any point, but at what point in an investor's progression does it become a necessity?I imagine it depends on focus, like LTR vs STR vs development... Curious to know yo...
Akash Y.
Can foreigners get mortgages in the USA?
Hi everyone I'm fairly new to BP and I'm looking for advice on how to secure a loan to invest in the USA. I live in Canada and I own 1 single family home in Arizona. I'm looking to add a few more to my portfolio. I ha...
Tim Lindstrom
Self directed IRA to help girlfriend
I know I will have to talk to someone who specializes in self-directed IRAs, but thought I'd float this question on BP first.Would I be able to use my self-directed IRA to loan money to my girlfriend, to purchase a d...
Kim Durst
So much money coming in and going out of every direction, help?
Hi allWe are worried about losing grip on our finances and need advice. There is money coming in, going out, receipts coming out of ears, bills to track, expenses, two businesses to run, taxes, etc. We want to hire so...
Raymond N.
Purchasing first multi family
Hello biggerpockets family, my wife and I are first time posters onto the forum and we are excited to be here. So, we are looking to buy our first multi family house, it is 2 units and located in Manchester, ct. Just ...
Jonathan Pacilio
BP Conference Group - STR goals and
Good morning and happy Monday to everyone out there. In advance of the BP conference I wanted to craft a summary of what my top three expectations are for myself to get out of this conference (purely from a self acco...
Tom Hamilton
Another SD IRA question... sorry.
Hi. Haven't been here in a while, love the site. I've been buying a few properties since the 2008 crash and am very happy with what I own. Mostly smallish condo's on the Gulf that can be rented either weekly, monthl...
Scott Michael
I've flipped a house, now how do I calculate my profit?
Hi everyone!
I'm a wholesaler who has gotten into flipping. I just flipped my second house and am trying to figure out how much money I made.
I have used a pro-forma profit projection spreadsheet provided to me by...
Jeff S.
Budgets in LLC
Do any of you do budgets and financial statements annualy with an annual meeting for your LLC's?
Am setting up an area specific LLC and will transfer a property into it. Looking for feedback on how far you go with sm...