I have an option agreement to buy on a triplex. I gave the seller a down payment on the option, I also keep the rental income from the property in return paying the seller a monthly payment. My question is, since I am...
Hello Fellow BPers,
My LLC owns a business property where I’ve run another LLC business for the last 17 years. I’d like to start renting to myself (my LLC commercial prop renting to my LLC business running out of it ...
I just recently bought my first flip house. All in after closing cost I'm at $75,000. I'll have $20,000 in rehab and the ARV is about $130,000. Based on expressed interest I don't think I'll have any problems getting ...
I want to thank all the season veterans for helping me so much with my first RE investment purchase. I purchased a duplex almost 2. 5 years ago and they are currently being rented out with great tenants. Thanks to y...
Hi All,I’m currently in the process of purchasing my first investment property and was curious how you organized your finances to prepare:1) do you have a separate bank account for your investment properties?2) what %...
Hey guys,
I have been trying to figure out if its more beneficial to take out the 100K from my 401K our not.
Can you please help me with that?
1) Lets say I do not take out and keep it in 401K. Then: 100K at 6% int...
This is a personal issue, not an issue with an investment of mine, but it involves rental real estate so I thought I'd ask for input from the community experts.
Several years ago my family went to a lawyer ...
Looking for advice... we are considering borrowing against our deferred compensation retirement account to pay cash for a property. Can we renovate it and then take out a mortgage to pull the money back out? Has anyon...
Anyone with a dual citizenship (US/CANADA) resides in US as an investor? How do you leverage your capital gain and what would be the best way to handle your returns?
I have heard several different stories in regards to the " Home Equity Line of Credit " in the short sale process in which the lender of the HELOC still can put liens on your assets such as your IRA accounts .. is it ...