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2 February 2025 | 1 reply
Cash from self directed IRA accounts How did you add value to the deal?
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30 January 2025 | 4 replies
and trailer stolen, workshop robbed 3 times, business bank account hacked and Not Insured (w a bank name like C#@$e), hip replacement, Botched oral surgery for sinus cyst 3 times, So Far, that caused an infection that kept me from working most of 2024 and just now recovering.SO Fire Sale February for me But I’m too broke to finish a punchlist to keep rental certificate open on top of living expenses and cover unexpected bills.Seeking micro bridge loan in the $5-10k range to be repaid at sale of house.I have another small single family paid off and rents for $950 as well.Any advice or suggestions for resources Greatly Appreciated
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24 January 2025 | 3 replies
Some costs are eliminated (such as 'soft charges') while others are accounted for in the interest rate.
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4 February 2025 | 7 replies
They should pay just like someone on a regular lease pays - cash or equivalent into your bank account.
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7 February 2025 | 13 replies
I’d never had more than $2,000 in my bank account up until this point.
11 February 2025 | 5 replies
Hi Brandon,Most hard money lenders will want to see at least 6-9 months of reserves in your bank accounts.
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23 January 2025 | 9 replies
@Jim Stanley Keep in mind any expenses of your SDIRA asset must be paid for by the account that owns that asset.
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10 February 2025 | 6 replies
@Angela Simon, If it wasn't your son there is a small chance that your accountant would let you purchase the 50% of the property you don't own.
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4 February 2025 | 0 replies
.🔹 Trust But Verify – Set up accountability metrics, KPIs, and reporting systems so you oversee performance without micromanaging.🔹 Know Your Role – Your job is to build and grow your portfolio, not handle every maintenance request.Final Thought: What’s One Thing You Can Let Go of Today?
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29 January 2025 | 47 replies
Yes to avoid taxes and penalties (under 59.5) the money would need to stay in the retirement account.