All Forum Posts by: Eric Eckman

Anyone know of somewhere I can get a HELOC or some other way to get access to equity on a condo in Florida? The lenders I've spoken with all tell me they won't do a HELOC on a condo if it isn't my primary residence and this condo is not my primary residence.

@Jordan Smith I am looking for soup to nuts. Think I have found a great fit.

Any recommendations for a Property Manager for a home in Sherrills Ford on Lake Norman that we'd like to use for Short Term Rentals? Need a good property manager.

@Daniel B. thanks!

@Dmitriy Fomichenko Awesome details. Thanks!

@Brian Eastman Great info. Thanks!

@Bill Brandt Thanks

Just made an offer on a vacation rental property and plan on using Self Directed IRA to fund it. I have enough to pay the full value. Of course, I currently have the funds in a 401K. Quit my job today so won't get access to funds for a few weeks but will need to move fast. First question, can anyone recommend the quickest way to streamline this process? Also, my understanding is that since we'll be funding this from SDIRA, all the operating income and expenses will be coming in and out of the SDIRA account. Correct? Any other advice or gotchas to be aware of? THANKS in advance!!!

Looking for a recommendation for a CPA to handle tax preparation. I purchased a condo during 2020 which I am using as an AirBnB. Any help is much appreciated!

Thanks Shawnette. I actually live out of state and this is a second home so I am looking for a local lender. Also am told there may be issues given this is my second home.