All Forum Posts by: Maribel Manibo

I used a Rollover for Business Startup (ROBS) to start my REI business a few years ago, rolling over 401k funds. I fell behind due to personal/health issues in filing the 5500 (3+ years) but my business also did not make money. How bad is this issue and what will it potentially cost me to get "caught up"? Does this affect the good standing of my company for transacting business or is it just considered back taxes? Would love referrals? I'm not even sure if I need a REI tax attorney, corporate tax attorney, CPA (REI versed) or something I'm not thinking off...

followup question: for house hack, do you tend to indicate you are the owner or not? I would assume it's ideal to buy with an entity. 

Well the lender will be notified that you are paying their mortgage - it's not a surprise. This part is a guess: it doesn't incent a bank to require due on sale if they can get their payment with 3-6% interest over 20-30 years (a lot more money). Would love a banker to confirm this... 

What approaches / methods have worked for you as a real estate investor to find and engage private lenders (individuals/couples, businesses, corporate)? Cold or warm market? Letters? Calls? FB, LInkedIn, other social media? What have been some wins and fails?

I have similar credit/income and first time buyer (sold mine > 3 years ago). I was pre-approved for 3% down (this was for dup/tri) by Paddio, conventional loan. Still shopping but doubt I can beat that. Happy to stay in touch!

Has anyone had experience with this training program (re various income generating strategies using creative financing)?

Would love to connect with those experienced or interested in this. Especially from my area or nearby counties. Am unclear how this interacts with seller RE agent or buyer RE agent upon exit.  Do "normal" seller agents know about this or more likely to tell their client that "it's  not real or legal?

I'm looking to buy a small multi-family where I will be one of the tenants - until the market is better and I can buy a more long term house. I think with a conventional loan I only need to live there for 1 year. What issues should I consider, questions I should (of lender etc), to do this?

Am interested in rental properties, small multi-family, lease option. Bonus for connections to investor-experienced contractors and handymen

Hello Ryan, welcome to Charlotte - it's one of the hottest markets in RE! Are you also new to NC? I live in Durham (about 2 hours away) and have a couple RE investor contacts in Charlotte. Feel free to connect me as a colleague or PM me as well.