Manuel Segarra III
SOLO 401(K) instead of Self Directed IRA
Greetings BP !
Want to use some of my retirement funds to invest !
Wanted to go with Self Directed IRA but that seems cumbersome and having someone between me and money is slow and I don't feel like I am in control ...
Arthur Banks
Starting with a duplex
After listening to podcast 35 today and hearing yet another person say they started by buying a multi-unit, I've all but cemented in my brain this is the way I want to re-start my investing career. My question is,...
Jason Lopez
Do I need an LLC for my rentals?
Hi, to all. I'm wondering if is necessary to have an LLC to rent a house here in San Antonio, Tx. In addition I heard that is better having one LLC for each property and one for management only. Can someone help me to...
Jonathan Lane
CASH OFFERS AND PROOF OF FUNDS LETTER
Hello World,
I have been doing research on "cash" offers as an investor and the results I have came up with is a "cash" offer can be consider any funding that is or has the ability to be liquidated without continge...
Barbara S.
Elderly tenant in NYC
I am in NYC, have an elderly tenant that should be in a nursing home but refuses to go. He is alone, no family and a handful of friends that check in on him occasionally. I have been trying to get him social service...
Vinnie Da silva
DSCR ( Debt Service Coverage Ratio ) - Investor Loan
As an investor and lender, I see that a lot of people are not familiar with DSCR loan. Its a great program, specially self-employed people, which often find it difficult to get qualified for a mortgage. So I decided t...
David Roberts
Interesting heloc question
My girlfriend and I bought a home together in 2010. Got a great deal. Now we have about 100k equity in the house. My girlfriend is on the mortgage but we are on the deed to the house together. Iso it possible for m...
John Perry
Financing for Builder - New Development in Nevada
We started flipping many years back and migrated into building new homes. We have built 30+ homes buying individual lots and typically have 3-5 in progress at a time and have sold most before they are finished. Fo...
Blair G.
CRE investing from a Vet's perspective
Howdy BP Vets,This is not a sales pitch. My name is Red and I am a CRE Broker in Jacksonville, FL. I got here after spending years doing SFR buy and holds and a flips at the various duty stations where my family and ...
Chris McDaniel
How to verify income and job history for self employed tenant?
Ok, so I have this potential tenant who seems at first glance to have strong financials but he is self employed. He didn’t seem to have anything to hide, but when I asked for proof of income, he showed me a bank state...