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All Forum Posts by: Shelly P.

Shelly P. has started 4 posts and replied 21 times.

Post: Looking for an insurance broker recommendationi

Shelly P.Posted
  • Rental Property Investor
  • Morristown, NJ
  • Posts 27
  • Votes 12

I am overhauling my insurance needs in NY, NJ and Philly. Looking for recommendations

Post: Do you include appliances in your flips?

Shelly P.Posted
  • Rental Property Investor
  • Morristown, NJ
  • Posts 27
  • Votes 12

I agree, i believe if you want to attract a certain type of buyer, you include appliances.  All the same color and the same make if possible

Post: Investor mortgage loans (no W-2 or tax statements needed)

Shelly P.Posted
  • Rental Property Investor
  • Morristown, NJ
  • Posts 27
  • Votes 12

please dm me with information

Post: Portfolio Loan Option For Investment Properties

Shelly P.Posted
  • Rental Property Investor
  • Morristown, NJ
  • Posts 27
  • Votes 12

Do you offer non recourse loans?

Post: helpful tips for analyzing land already zoned (condos)?

Shelly P.Posted
  • Rental Property Investor
  • Morristown, NJ
  • Posts 27
  • Votes 12

Can anyone shed light on an average cost to build a duplex

Post: Self-Directed Solo 401k for Real Estate Investors – Q&A

Shelly P.Posted
  • Rental Property Investor
  • Morristown, NJ
  • Posts 27
  • Votes 12

Is a solo 401K subject to a required withdrawal amount when a person reaches the age of 67?  

Alternatively, can a person of retirement age withdraw funds from their solo 401K without a penalty, similar to what they can do with a "regular" 401K?

Post: Advice: I Inherited a house in San Diego with a Long Term Tenant

Shelly P.Posted
  • Rental Property Investor
  • Morristown, NJ
  • Posts 27
  • Votes 12

If this is an "older" couple and I can verify they do not sublet, I would probably let them live there but raise the rent to do renovations a little at a time.  However if they are subletting, I would begin afresh with new tenants.

Post: Using gross profits for mutifamily down payments, tax deferred?

Shelly P.Posted
  • Rental Property Investor
  • Morristown, NJ
  • Posts 27
  • Votes 12

@dimitriy Fomichenko

Your investment options with self-directed plan are virtually limitless. All investment gains from assets owned by the 401k will be sheltered from taxes (unless you engage in an active business).

Can you explain what you are referring to as an active business?

Post: Looking for funding for 1 family purchase in NYC

Shelly P.Posted
  • Rental Property Investor
  • Morristown, NJ
  • Posts 27
  • Votes 12

thank you Dean

Post: Refinancing loans held by Retirement Plans

Shelly P.Posted
  • Rental Property Investor
  • Morristown, NJ
  • Posts 27
  • Votes 12

Great information everyone,

thanks a lot

@dimitriy fomechenko,

Please send me the list of non recourse lenders you mentioned above. 

@regina abayev, I would also be interested n your recommendations