All Forum Posts by: Tina Swanson

Hello! I just recently acquired 2 plots of land in St Cloud Florida in a gated townhome community from a tax deed auction. I own the 2 units at the end of an 8 unit block. 3 of the plots are still county owned and the remaining 3, 2 are owned by out of state companies and the 3rd by a single gentleman. My original plan was to build the 2 units then sell them. But the site is currently unbuildable especially without owning all the lots in the block. I am trying to figure out what my exit strategy is at this point. Any suggestions or insight would be greatly appreciated!

I will be sure to look into that!  Thanks, Jack!

Thank you Zachary!  Have a great day!

Hello,

   I am interested in purchasing a vacant parcel from a tax auction that is in a gated townhome subdivision.  Has anyone ever done this?  Trying to decide whether it would be a good investment.  

Hello,

Since a rental property purchased by the SDIRA LLC cannot be owner occupied, can you still get a conventional or FHA loan on it? Or does it have to be a commercial loan?

Thank you so much @Joe Homs for pointing me in the right person! And thanks to @Dmitriy Fomichenko for the very helpful and prompt response!  I appreciate you both immensely!  

Hello! I am looking to purchase a tax deed property with my SDIRA LLC. But I currently own a tax lien certificate on the same property. Would this be considered to be a prohibited transaction? Or is it an indirect purchase since I'm not buying from myself? Thank you so much for your help in advance and have a great day!