Antone JAmes
Deal or No Deal for a Triplex
Greetings,The deal (Triplex, 3-unit) VA financed loan (no money down!)purchase price- $400,000 @3.375%property tax- $1200 AnnualInsurance- $1000-1200 AnnualUtilities $3600 (water only) Annualother cost ($200) Annualva...
Ed W.
Loaning Money to an SDIRA
Scenario:
An SDIRA owns a property.
The beneficiary of the IRA wants me to loan money to the IRA so that the property can be rehabbed.
My understanding is that the loan to the IRA has to be non-recourse.
My unders...
Jennifer Jackson
Texas Winter Freeze: Questions
Hi All,
One of our properties was affected by the Texas winter freeze--burst pipes and wet units. They will be inhabitable for the foreseeable future.
What is the protocol with tenants? Do I still charge them rent? ...
Ken M Middleton
Refusal to do an itemized bid by contractors (Columbus, GA)
Hey BP family,
My wife and I identified a potential home that we are interested in rehabbing. We got an initial ballpark bid from a contractor of around 20k worth of work but after the inspection, there were a few it...
Brad E.
Property management questions
Hey there BP. I have rentals I self manage but I am going to be taking over property management for a property that is not mine. The property in total is 15 acres, but the owner does not want to include all the land...
Emil Kostov
Monday, 4/24 - Closing Day - Need some extra funds
Dear BP Lenders and fin. gurus,
I hope this email finds you all in good health and high spirits. A call for help. I am writing to request an assistance in obtaining the small but crucial funding required for a mino...
Catherine Decker
Converting traditional IRA/401K to Self-directed or SoloK
Hi - I have been doing research on self-directed IRAs and SoloK's. I would like to either roll-over a 401K from a former employer into a SoloK or self-directed IRA or start one.Here's what I want to know, has anyone d...
Irina Badal
Home equity loan vs cash for down payment
Hi. I’m new to BP. I would like to buy my first investment home. I have built enough equity in my primary home. I have cash too. What would you advise to do to pull some equity to pay for down payment and invest cash ...
Juan Bustos
financial
when buying a house with buyer paying all closing cost how do i figure the cost % of total price?pls educate me tks
Account Closed
Help With Mobile Home Repairs PLEASE!
We just got our first mobile home deal, and are looking for some guidance on working out the logistics of doing mobile home repairs. We are to instruct Contractors/handymen that we solicit to NOT include costs of ...