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All Forum Posts by: Scott Walther

Scott Walther has started 9 posts and replied 27 times.

Post: Great fixer upper for sale

Scott WaltherPosted
  • Flipper/Rehabber
  • Saginaw, MI
  • Posts 30
  • Votes 8

Hey Manny! Ha, just messaged you recently. Is this property available still?

Post: Who has the self directed 401K, not ROTH??

Scott WaltherPosted
  • Flipper/Rehabber
  • Saginaw, MI
  • Posts 30
  • Votes 8

@Daniel Dietz. How are you your own custodian? I am confused by that. I just met with a new CPA firm today that is local and they did not mention that was even a possibility

Post: Who has the self directed 401K, not ROTH??

Scott WaltherPosted
  • Flipper/Rehabber
  • Saginaw, MI
  • Posts 30
  • Votes 8

@Daniel Dietz. Thank you.  I will follow up with your recommendations.

@Bernard Reisz- this is what I have been researching on. Just want to make sure I am going in the right direction

Post: Who has the self directed 401K, not ROTH??

Scott WaltherPosted
  • Flipper/Rehabber
  • Saginaw, MI
  • Posts 30
  • Votes 8

@Elizabeth Wilson- Thanks! I should have been more specific, which I just edited. Looking for the self directed 401k.  I did have a ROTH at one time and the stipulations were too tight. From what Amanda's book says,  the 401k has so many more advantages!!! I will see if I can find a picture of the graph and post it. She has a comparison of the Roth vs 401

Post: Who has the self directed 401K, not ROTH??

Scott WaltherPosted
  • Flipper/Rehabber
  • Saginaw, MI
  • Posts 30
  • Votes 8

After reading Amanda Han's book she mentioned how different the ROTH and 401k was, especially for us as investors. Looking for the directed 401k??? Have not found many places that will be a custodian for them and am also hearing that can be quite expensive to have. Thoughts? Experience? Referrals? 

TIA

Post: NEED FUNDING/PARTNERS IN PROJECTS

Scott WaltherPosted
  • Flipper/Rehabber
  • Saginaw, MI
  • Posts 30
  • Votes 8

I have been using Hard moneylenders for some time now and just recently brought on some private money for deals that are currently listed. I have 2 properties listed and another in rehab, so my cash flow is pretty tapped out at the moment. Looking to connect with more private money lenders and/or partners as I have more deals that could be being bid on, just not the cash flow to do so. Contractors already in place. Any ideas or referrals? Currently flipping our properties in Saginaw, MI.

Thanks,

Amanda- Scott's partner

Post: How to secure funding partners for projects

Scott WaltherPosted
  • Flipper/Rehabber
  • Saginaw, MI
  • Posts 30
  • Votes 8

I have been using Hard moneylenders for some time now and just recently brought on some private money for deals that are currently listed.  I have 2 properties listed and another in rehab, so my cash flow is pretty tapped out at the moment.  Looking to connect with more private money lenders and/or partners as I have more deals that could be being bid on, just not the cash flow to do so. Contractors already in place.  Any ideas or referrals?  Currently flipping our properties in Saginaw, MI. 

Thanks,

Amanda- Scott's partner

Post: HELP!!! NEED CPA-TAXES- new investors

Scott WaltherPosted
  • Flipper/Rehabber
  • Saginaw, MI
  • Posts 30
  • Votes 8

I did see the NAEA.org. I did find a few people in my area. Do you know if they specialize with REI? I have searched on BP for quite some time now and have not found anyone near me.

I will send you a PM as well

Post: HELP!!! NEED CPA-TAXES- new investors

Scott WaltherPosted
  • Flipper/Rehabber
  • Saginaw, MI
  • Posts 30
  • Votes 8

@Steven Hamilton II,

We are in  Saginaw, Michigan.  Lansing or Detroit area.  Detroit is still a good 2 hour drive, though.

I will also try a search and see what I can find. 

Thank you