Meg Schlesman
Solo 401k/SDIRA question
Good morning, We have an old pension that is offering a lump sum payment option (approx 50k). Is it possible to roll into a solo 401k and use that money to fund down payment for 2 investment properties? I assume we...
Beville Nicholas
Need advice on 1st rental investment in Raleigh-Durham, NC
I’m a newly licensed real estate agent and investor here in the triangle with access to the MLS looking to network with a team of local investors, wholesalers, contractors, and inspectors to get the best advice on wha...
Yan Yan
optimize money in different accounts to buy different properties?
Hi BPers,I am interested in apt investments. The question I have right now is that how to best utilize my money in different accounts (bank account, current 401k account, former 401k account, Roth IRA account) to buy ...
Tristan Cortez
townhome, apartments or retail/office development questions
We have a potential purchase of two residential lots 50x160 each. Across the street a developer built 15 town homes on 4 of the same size lots. We would like to do something similar but need help on where to start.Q...
Will Coleman
Central Arlington BRRRR!!
Howdy!
I just closed on my second house in Central Arlington TX. Purchase price was 92k, putting 32k into it. Doing a hard money loan so we put 21k down at closing. ARV 155k, planning on refinancing and renting hope...
Rob Halpert
Benefits and cons of money down on my fist real estate investment
Hello everyone, I'm looking at purchasing my first investment property and i am weighing the pros and cons of putting a 20% down payment. I have been approved for a zero down loan from Navy Federal so i have options. ...
Peter Ulstad
Banking Suggestions In Minnesota
Hi All,I'll be purchasing my first duplex in Minneapolis in a couple of weeks and have a banking question for everyone. I currently bank with one of the large, national banks (not going to name names, but it is one th...
Philip Hernandez
Raising private capital as a loan for multifamily
I'm in negotiations for a 12 unit in Cleveland right now, and will be raising 150k to go towards down payment and reserves. Our plan is to lower expenses for the building (gas is in landlords name now etc.) make mino...
Ryan Mapes
List of Helpful Books and Resources for Multifamily Investing
I've recently had a number of friends ask me which books/resources helped me get started with multifamily investing. I put together a list and thought I'd share it here as well. Any others that you'd recommend?Gener...
Maya Gavasheli
Self Directed IRA's creative use
For example, if I have 200k ish cash and 350k SDIRA. And I want to buy a house out off market, all cash ARV 700k and sellers are asking 500k.. And as I mentioned already I have only 200k ish cash, and this SDIRA, how ...