Monica Young
Should I use a 401K loan as a down payment for a rental property?
My husband and I are thinking of using a 401K loan as a down payment on our first multi-family rental property. We may or may not live in it as well. We both work full time and we'd like to use all of the cashflow to ...
Johann Kleisch
My REI Biz Plan - Please review and give feedback!
Below is the first draft of the business plan I created for REI.The final product will be created using liveplan.com to create a polished and professional looking plan.The only thing that I'm still working on and is m...
Lynn Maher
HELOC denied and don't know what to do next
I have a few things going on. So much that I wasn't sure how to title this! First, I have too much credit debt (embarrassed to admit 50k) and wanted to obtain a HELOC to pay off and at least get a tax credit for the i...
Andrew P.
Mortgage and LLC
Hi I'm trying to buy rental properties for 80, 90k. Wells Fargo is telling us they can not give loans with the title being in the LLC, it has to be an individual loan. They only do LLC title loans for above 400k. Is t...
Anthony Lewis
I want yuor opinion out there from those in Finance is this legal or possible or is this a scam ? the Aurthur is a member here! How 300 is turned to 3.3m
How 300k is turned into 3.3M
Here is how it works starting at the lowest level, you can start at a higher level or if you wish, work you way up:
$300K buys a $10 MM leased instrument from which you get the non-recou...
Brendan O'Sullivan
Can I refinance an investment property if it is already in an LLC?
Hello,
My name is Brendan and I was reading some of your posts regarding LLCs and refinancing. I have a couple questions for you.
What I am doing is raising capital through private investors to pay for a 4 unit or ...
Alexander Reda
In Contract! Should I close?
Hey biggerpockets family!
I was hoping to get some input on this deal I'm in contract with. This will be my first value-add property that I will be purchasing out of state.
I am purchasing this for $78k.. The marke...
Amy A.
Irrational pricing
I have been looking for a strip mall/ shopping center in my area and am not finding any below $3M that are priced based on cap rates or any obvious rational calculation. Also, at their asking prices, they would no...
Account Closed
Currency play RE investing in markets like Brazil
With countries like Brazil experiencing an almost $6 Real to $1 US dollar exchange rate due to Covid, not to mention the drop in prices RE due to Covid, properties are looking very attractive. I see great opportuniti...
Anderson Smith
Target Metrics for MFH - New Investor in Indianapolis
I'm just beginning to get involved in real estate investing in the Indianapolis, IN area and am struggling to evaluate properties that come onto the market. Through my research, I've pulled together a few rough target...