Hello BP friends!I am 23 years old and will be starting my first year of medical school at the University at Buffalo this August. I have lived in Buffalo for the past 5 years and I love this city! My long term real ...
Hey everyone! I am looking to use the equity I bought up in my personal residence to fund a house flip. I have roughly $161k in equity and more in liquid assets. I am thinking HELOC, as I can pay off and then re-use t...
Hi BP group,I, and I’m sure many, have a lump sum of money in a 401K/IRA. I currently have my money is a self directed IRA and use it for hard money loans. I flip the funds and do well with this strategy. However idea...
Perhaps there is a tipping point on the road to FIRE where the risk of not paying Term Life Insurance Policies anymore and the reward of using that money to further fund your portfolios would be more beneficial... I u...
I found a great property with good income but bad cap rate for the location. Current owner over spent to rehab the small multi. The area is a c area but owner rehab for a area.
Listed for sale for over 18 months, ove...
Hey gals/gals,In today’s market, and knowing what you know now. If you had 25k-30k to invest. What would you invest in?
I would LOVE to hear all stories about the first deal you as an investor have closed. These stories are so inspirational to me!Please SHARE SHARE SHARE!
Hi all,I am going through a nightmare. I am under contract for a 72 unit property and we got a bad phase 2... the lead levels in the soil are above the threshold. The environmental inspection company did not really pr...
Hi BP!
I'm a noobie investor. I've been looking at starting out with 1/1, 2/1 or 2/2 condos in my area (NW suburbs of Chicago, specifically Buffalo Grove).
The issue I constantly run into is that when I...
In the past, you could buy a property with cash in an LLC, rehab it, and then just before cash-out refinancing, transfer it back to your personal name to conform to Fannie/Freddie guidelines and get a traditional loan...