Tyler Cote
Solo(k) equivalent for 403b
Hi - I recently learned about some of the benefits of a Solo(k) account with respect to using tax advantage to savings towards and Real Estate (hat tip to the BP TC strategies book!). I am a public school teacher and ...
Corey Depuy
Self-Directed IRA option/question
I've been doing some research about rolling over my previous employer's 401k (which is currently stagnant with the same broker) into a SDIRA. I'm reading that all of the typical rules of a retirement fund apply, where...
Joshua Massari
Can I get a bank loan and use seller financing for the down payment?
Triplex Scenario ( 3 x 1 bedroom units near military base) Purchase price - $135,000Gross monthly rent - $1,650 Was recently rehabbed and is turn key with all 3 units currently rented. Seller wants to pull out cash to...
Jeremy Fields
Collecting security deposit remotely
I have found lately that the number of applicants to my units has dropped significantly. For this reason, once I have someone approved, I want to send the lease for signature with a short time limit, so I can quickly ...
Donnie M.
Unsecured PLOC that is cash out refinanced into conventional
I tried searching BP and google for a direct answer but could not find an answer about unsecured lines of credit. I plan on buying on 26k property using my Private Line of Credit (PLOC) from my bank and it will appra...
Lavall Brown
How to payback friends and family after the deal is done?
Hello BP,I am a novice investor with three duplexes in St. Louis, MO. I acquired my properties by house hacking FHA loans. Now that I am no longer single the option to house hack is no more and I would like to scale m...
Amaf J.
Cashing out Roth IRA for REI?
Hello everyone,I just wanted to ask a question about using the funds from my Roth IRA towards the purchase of property. I've done some calculations and realized that my Roth IRA is yielding some horrible rates of retu...
Brandon V.
Self Directed IRA from a relative
Hi BP,I have a relative who has a lot of money in a ROTH IRA currently but they would like to help me out to fund another rental property. Would using the ROTH IRA from this relative be an option if they were to conv...
Casey Johnson
Building my Own House, then using BRRRR
Good afternoon! I am new to real estate investing, but are ready to dive in. I am putting together a business plan to BRRRR at a professional scale. To put this in context, I own a construction, renovation company. We...
Glenn D.
Finding Private Money vs. Hard Money Lenders In North Dakota
BP family, I am a new investor in the Grand Forks North Dakota area and am wondering what type of rates to expect and or offer when looking to gain Private money. Additionally, what are your experiences with finding ...