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TSP loan for rental
I currently have a rental in nc and owe 98k at 4.5%. rental income is $700. I am breaking even since 2008. I wanted to pay the loan off by using TSP loan and pay tsp loan in 2-3 yrs. I can then refinance and bu...
Chad Bilstein
New Member Introduction
Greetings all, First time posting here. I am so happy this website is here, I have read dozens of posts that were fairly helpful. I have recently attended a Than Merrill event, pretty much a 3 day sales pitch, but I...
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A couple questions about the basics...
Hello everyone! I just found your forum (today), and it appears to be a WEALTH of information. Looks like I'm going to have a lot of reading ahead of me...
Anyway, the reason I am posting here is because I have a c...
Jennifer S.
Self Directed IRA Cashflow
I've been reading up on the Self-Directed IRA, and from what I've found is that any cash flow/profit goes back into the SD-IRA. How does one legally obtain funds from a SD-IRA for basic living expenses if the purpose ...
Joseph Bennett
Advice on if my wife and I's finances are ready to buy 1st MF.
I've been researching and saving for 3 years now. I'm fully convinced real estate is the way to go. My wife and I are already invested in a gym and making returns on that. We have $22k in the bank and want to buy a mu...
Leanne Shum
Financing Multiple Properties in Canada
Hi all,I posted something similar in the general financing section but some fellow members suggested I posted in the Canadian section for more specific answers as I am Canadian.I am very new to real estate but am very...
Dane C.
Short Term Rental Tax Loophole for Physician
I'm a physician with a fairly high W2 income (and thus high tax liability). I've wanted to get into real estate for a while as a means of diversifying my assets and reducing some of my tax liability. I'm facing a $280...
Chris Rizzo
Advice on buying your own commercial office space
I own my own business and was looking into possibly buying our office space. We are locked in to a very good lease (with 3 years left and a possible 3 year tenant option to renew) which is making it tough for our lan...
Rob Randle
My Business Plan - Feedback Appreciated
Background: I'm in my mid 20's and acquired a my first rental six months ago. I currently work in corporate America and will be self managing my properties.Strategy: Buy and hold.Goal: To make real estate my sole sou...
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Embracing debt at a young age
I'd like to get some opinions on debt. I'm 23 and have 6 figures on school loans, which don't bother me a bit, matter of fact I refinanced them from 12 to 20 years to free up cash for REI (cutting my interest in hal...