Charlie Gruber
401(k) loan to fund real estate purchase
Wanted to start thread on pros/cons on using a 401(k) loan to finance real estate purchase. From the research I've done (links below) sounds like a bad idea but curious if anyone has different perspective.Research li...
Ann N.
$100 deposit on wholesale deal
on a wholesale deal the initial $100.00 deposit given by wholesaler/investor on the contract -- is this a formality or does the $100 exchange hands? if so....a. Who holds the deposit?b. How is it reflected this on the...
Gil Amram
Financing options - Somewhat unusual circumstances
Good day!This is my first post, so I will include a small intro to my question. I want to ask about financing options for an upcoming deal.My wife and I have been investing for about 8 years. We own 1 Duplex rental an...
David Steinbok
How to streamline my existing portfolio so that I can buy more pr
Hello everyone. I'm looking for some advise or creative suggestions please. I'm new to this site and have just spent hours reading posts. I've been investing for 6 years and have 9 houses that I have bought as single ...
Lien Vuong
Cash Flow Game Night
Hey all! I am thinking of organizing game night featuring Robert Kiyosaki's Cash Flow game. I live in the Cambridge area but I have access to my office in Wakefield to host the game (fits ~40-50 people). Would people ...
Matt Tallent
What is my tax loss good for?
Hey all,2018 was my first year investing and I took a loss on my first property because there were repairs and upgrades I wanted to make. I’m taking a loss for 2018 and want to know what the loss is good for. I’ve hea...
Kevin Ogbu
Any recommendations on good lenders for SFRs (buying as an LLC)
Hi I'm fairly new to BP, so hopefully this is an ok place to post this question. Wanted to ask if anyone had any recommendations on a lender they've used for SFRs, but buying as an LLC not in personal name. I'm an in...
Mitchell Welle
Unique tenant situation
Hello, this is my first time posting a discussion and I am what you might call a manager in training. I am located in the Fargo/Moorhead area and the property in question is in Fargo, so North Dakota laws and procedur...
Daniel Leonardis
Taking Equity From a Rental
I have a rental with significant amount of equity. I want to use that equity as a home equity line of credit (HELOC) to fund my next investment. However I visited my local credit union and they rejected me saying you ...
Joe Gracyalny
Bank Wants To Stop Lending @ 5 deals
Hey There BP Community!My brother and I have some construction loans on new properties coming up on closing. We have been trying to move aggressively with our purchase rate and have 10 properties. Some purchased and...