All Forum Posts by: Marlene Romer

Hi, can anyone recommend a lender who specializes in fannie mae HomeStyle loans?

Yes, my partner and I are in a similar situation. We are an SCorp, purchased and rehabbed with cash, have leases and now wish to cash out refi.... Cincinnati OH in the Brewery District of OTR... Anyone have any ideas??

We formed an LLC and I am funding the business with a loan. We are buy and hold investors. I don't think I understand your question...

Hello,

I would like advice regarding a BRRR strategy business partnership and how others may (or would) structure. An LLC was formed with 2 partners with 50/50 ownership. One partner loaned the LLC the start up cash - an unsecured10 year balloon loan at 1% interest. The "loan granter" is also responsible for accounting, taxes and "landlording" when buildings are rented. The other partner is responsible for construction and rehab, and managing the subs.

Is a 50/50 split of the business fair to each partner? How have others structured their partnerships?

Thanks!

Hi All!  Thanks again for the info!

Looking for the best deal to for a prototype plan to establish a solo401k. I am qualified and would like to roll my promissory notes from my SDIRA with LLC/checkbook control at IRA Trust Services into a solo401k. I'd like to use a Fidelity Brokerage account... Please contact me directly with fees, I am very knowledgeable having worked in field..

Thanks!

Hi,

Great discussion!

Question for the experts... I hold 2 promissory notes in my SDIRA. I have a great custodian, but I'm wondering if I can roll the notes over into a Solo 401k and avoid all the nickle and dimeing from my current custodian? 

Thanks in advance!

Hamilton County foreclosures sheriff auctions held every Thursday 11a at the Courthouse downtown Cincinnati...