Here is what is going on:I purchased a 4-plex on September 11, 2014. 2 of the 4 units came occupied, so I inherited two different families as tenants.I am utilizing FHA 203k financing on this property, so I would idea...
In the lending industry, there is a commonly used term called a “shopper” to describe a person who is calling every lender in town to find the best deal on a loan. Experienced lenders can usually spot a ‘shopper’ a mi...
I recently found out about being able to open up a self directed IRA for investing in real estate. What i am eager to know are the stipulations? Can it be my primary residence or do I have to do something else with...
I want to expand my lease option business from my Louisiana base to the Houston, TX area. I want to involve my brother and his wife in the business. I've heard some interesting stories about doing lease options in T...
I think I might be blowing my own mind right now..."conventional" wisdom says max out your 401k contribution to lower your tax burden. 2013 was a good year for my 401k balance as the stock market was red hot (i have a...
Hi BP,Though this is my first post, I’ve been following the BiggerPockets podcast and blogs since I moved to DC 3 years ago — it has really been inspirational and life changing for me. The power of the voices on this...
Came across this article today and thought it might make for a good discussion: These are the Top 20 Cities Americans are DitchingI think it’s funny that some of the cities that many investors suggest as good places t...
I am looking to purchase an investment property from another investor strictly for the rate. I will make him whole, and I will take the house subto. He currently owns the house in an LLC. If I have him put the insu...
An odd thought came to me, probably not workable, but maybe an interesting mental exercise.
Most of the deal postings on BP are looking for funding so why not put together an investment fund with BP users?
Being...
Hi BP people!My name's Jonathan, and I'm a father of 3 kids (6, 4, 2) with 1 more due this October. Yes, they're cute (and of course, I'm biased :) ):I'm also a co-owner in a design/web/strategy business that's been ...