Dan Barman
Borrowing Against an IRA???
I've been hearing some murmurs lately about people using their IRAs as collateral (?) to "borrow" funds to use for down payments / rehab financing for real estate projects. A family member of mine passed away a few ye...
Chad Jarrah
What should I expect from a Private Lending Offer?
Hello! I've been flipping for ~10 years now (just very slowly - 1-2 per year) and have done well on each one. I've taken the profits and invested them in 4 rentals (and a personal res) over the course of that time. Th...
Jonah Bosma
Is Buying the Best Option for me?
Hello BiggerPockets members!My name is Jonah I am 22 years old and in the military. In February of 2021 I will be moving from Virginia to Jacksonville Florida for my next duty station, and I will be in Jacksonville Fl...
Clinton Davis
Paid off rental property....now what?
I bought my 1st deal (single fam home) in 05 and it's now paid off free and clear...however, i only did one flip since then and decided i'd throw my money away buying a furniture store right before the housing bust in...
Mallikarjun Murag
Primary converted rental, closing costs(including refi's )
Hi Nicholas Aiola and all experts on this thread,thank you all for your time and great inputs you provide to BP members!I purchased my primary home in CA in 2004, refinanced it 4 times, latest refinance was in 2012. C...
Peter Tate
Closed on your first deal? ....What's next?
Hi everyone,I recently just closed on my first multi-family property in the Chicagoland area. I financed the loan with an FHA 203k loan. I am looking to buy my next property within 8 months and I am trying to understa...
Chad Trail
LLC for receiving rent
Can or should I receive rent payments in an LLC if the properties are owned by me as an individual? Also, the properties are all in different states.
Dustin Sanders
80% (or better) LTV cash out refinance for investment property
Hey BP,I am looking to do a cash out refinance with my investment properties to go buy some more investment properties.The best I’ve heard so far from my current lenders are 75% LTV cash out refinance for my investmen...
Robert Stamper
Mortgage Down Payment
Hi all,
I'm advising a young couple that is 1) buying their first home and 2) interested in building a real estate portfolio of SF rental homes. I know they can get a first time buyer mortgage at 3.5% via the FHA ...
Michelle Paulsen
Down Payment Discussion
How can I get a place with 0% down? I am looking to get my first property and I want to put as little down as possible. I know I can do as low as 3.5% but how do you negotiate to 0%? I would love to hear stories of ev...