Eric Thornton
First deal - looking to use a 401K loan
I am looking to make my first investment in commercial real estate. In doing a lot of research here on BP and elsewhere, there is so much information regarding using 401K's and self directed IRAs for real estate down...
Kevin Pereira
Down payment!!! conventional/FHA
Looking to avoid PMI, and maybe saving some money every month with a 5% down payment on a conventional owner occupy loan. Has anyone actually saved with this strategy? Can I attack principal and build equity faster wi...
Jon Khalil
House Hacking in Orange County, CA
Hello BP!Im having some trouble with House Hacking here in Orange County. I am currently looking for a duplex, and have been pre-approved for $250,000. However there is no Duplex for that amount of money anywhere in O...
Udy Ekanem
Denied for a Mortgage
Hello BP, Just came across the site a few days ago and I'm grateful I did because I've learned a lot already. Tried to pre-qualify for a mortgage today and was denied. I have a lot of student loan which is my issue...
Kyle K.
Mortgaged Properties in LLCs
Say you decided to place one of your mortgaged investment properties into an LLC for asset protection. You're doing what you can to treat your LLC like a business (it has its own checking account, filed separately fro...
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How to add value
I did a little R.E. investing about 15 years ago. I owned a couple of 4 family apartment buildings, but got out because I was traveling out of town on business a lot, and the time/hassle was not worth the potential r...
M. N. Iqbal
Paying off loan on rental property with 6.8% interest
Hello all, just bought a rental property, total 200 k, paid 25% down, so now loan of 154,000 at 6.8% over 15 years. Total interest over 15 yrs is 93k. I am in a position where I can pay it off and save all the interes...
Dwight Cook
Doubling rents without loosing tenants?
Hey everyone!I'm currently in the process of purchasing my first property. This is a fully occupied 4 unit property in good condition. Each unit is a 2 bed 1 bath around 1,000 SQFT each. The current tenants are paying...
Darius Jamar Smith
International Investing while avoiding money laundering claims
I have an investor overseas, Uganda, Africa, who is having issues getting money to America to invest. After speaking to him, I was informed that one of the family business accounts was closed due to suspicious activit...
Jack B.
It's raining qualified applicants! What to do!? lol
I was worried I wouldn't find a replacement tenant this time of year since I know it's harder this time of year. The rent zestimate on zillow seemed inaccurate at $2,200, my own comps brought it to $2,800. Sure enough...