Account Closed
Using private money or hard money at auctions
Hi Community,If I wanted to buy a tax deed property, could I get hard or private money for that?The way the county does it is I have to pay 10% cash up front, then I have 3 days to pay the rest of the money.1. Is 3 da...
Dan Krause
What is it like investing in local tax certificates and tax deeds?
:D Never owned one but am getting curious. Supposedly they are the most risk free investment you can deal in-is it true? What are the risks and benefits? When you bid on a tax deed are you bidding on the face (proper...
James Otto
Self Directed IRAs used for purchasing properties?
If I roll over a 401k from an old job into a self directed IRA,
Can I take 20K from the IRA and use it as a down payment on a property?
The property will cash flow about 200 per month. Is this cash mine to do as I ...
John Thedford
Wrote Another Mortgage-12% Plus 4 Points-NO TENANT HEADACHES
For those contemplating alternate investments, I highly recommend considering hard money lending. I started in 2012 with little knowledge or information. At that time we didn't have Dodd-Frank to be concerned with. Fo...
Adam Mazzochi
Taking Heloc to invest into Tax Lien Certificates, good bad ????
So is it foolish to take home equity and put it into Tax Lien Certificates????? Let’s say someone has a dozen rental houses paid off collecting rent would it be foolish to take the equity in those houses and make even...
Steffen Kightlinger
First time buyer, 8,000 tax credit, Advice?
Hello everyone, im kind of walking blind here, and hoping to get some good advice from you all!
I live in Yakima, Wa and pay around 675 for rent, where i live you can get a decent house...
Michelle Grippo
Need advice do I sell or rent
Hi everyone, My husband and I purchased a very distressed home last year to fix and flip. We are now 10 months in and ready to sell we purchased for 188k put in 110k and it can be sold for 429k. It can be rented for...
Shaun Callais
Turn Primary Residence into First Rental? Help Me Decide
My wife and I are in the process of doing a cash-out refi on our primary residence in Utah. We owe about $129k and the house is valued around $290k. At 70% LTV I can borrow $73,500 at 3.125%, 30-year fixed interest ra...
Yeshua Williams
Positive Income Issues do exist. Any advice would be great.
A little while back we acquired a property that was a real fixer-upper. Well, we did a good job and now have positive cash flow. In terms of positive cash flow, what do you do for taxes? We'd like to take some out...
Phillip R.
Should I Reduce 401K Contributions to Save for Real Estate Investment Property?
I'm married, age 29, and make less than six figures. My wife stays home with our two kids. This year and last year we maxed out my 401K ($17,500 annually) and both our ROTH IRAs ($11,000 annually). This has allow...