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All Forum Posts by: Landon Kohlrusch

Landon Kohlrusch has started 4 posts and replied 6 times.

Post: Kris Krohn 50/50 Partnership Reviews

Landon KohlruschPosted
  • Bemidji, MN
  • Posts 6
  • Votes 0

Has anyone had any experience in partnering 50/50 with Kris Krohn or investing in his RE Fund? I haven't been able to find many reviews on this. Any feedback would be much appreciated. 

Thanks!

Post: Self Directed IRA

Landon KohlruschPosted
  • Bemidji, MN
  • Posts 6
  • Votes 0

Great information! Thank you @Dmitriy Fomichenko and @Brian Eastman for the feedback!!

Post: Self Directed IRA

Landon KohlruschPosted
  • Bemidji, MN
  • Posts 6
  • Votes 0

I am considering rolling over my old 401k into a Self-Directed IRA to potentially use those funds to purchase my first rental property. Can anyone help explain any pros/cons with this and let me know if this is actually a viable option to get started? I have ~$100k to rollover.

Thanks in advance!

Post: Land Leasehold Interest Investing

Landon KohlruschPosted
  • Bemidji, MN
  • Posts 6
  • Votes 0

Thank you for your comment! So if i were to buy a home under a land lease option and then wanted to sell it in 10 or 20 years would i get the appreciation profit or how does that work? Are you able to do Cash Out Refis or HELOCs? Or how does that all work?

Post: Land Leasehold Interest Investing

Landon KohlruschPosted
  • Bemidji, MN
  • Posts 6
  • Votes 0

Wondering if anyone has any experience investing in houses where there is a Land Leasehold Interest? I was looking at a STR investment property and just found out that it is in a Land Leasehold Interest area. Wondering what the Pros and/or Cons are with this strategy.

Thanks!

Post: 5 Year Balloon Mortgage Pros/Cons

Landon KohlruschPosted
  • Bemidji, MN
  • Posts 6
  • Votes 0

Hello,

I am currently looking into buying my first investment property (potentially small multi-family). I have bought my Primary Residence and another 82 acre land purchase thru a local bank in which i have gained a pretty good relationship with them. I am currently being told my only option for financing an investment property is with a 5 year balloon amortized over 25 years with 20% down payment. Can someone please let me know opinions on pros vs. cons for this type of lending and if you think i should be looking into different options. I would like to get into a 30 year fixed rate but I'm not sure if that is an option for me in my area. Any help/advise is greatly appreciated!

Thanks,