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26 August 2018 | 11 replies
@Percy YarlequeTo learn more about the IRA prohibited transactions, see the following. https://www.irs.gov/retirement-plans/plan-particip...
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28 August 2018 | 28 replies
The speaker had a dance-off on stage and reassured the losers that if they could find the courage to participate in it, surely they could handle "a silly old flip."
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23 August 2018 | 0 replies
Investors can access and participate in several projects, which considerably lowers the investment risks.
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23 August 2018 | 3 replies
Wondering what BP crowd thinks of the recent news tha the Federal Housing Finance Agency announced Tuesday that Fannie and Freddie will both be shutting down their single-family rental pilot programs and ending their participation in the single-family rental market, outside of their previously existing small investor programs – Fannie Mae’s Multiple Financed Properties and Freddie Mac’s Investment Property Mortgages.
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27 September 2018 | 33 replies
Once you're back and actually ready to write an offer, check if any of the ones you like haven't already been sold, and go from there.At the end of the day real estate agents are salespersons, and salespersons generally activate when there's an able and willing buyer or seller -- a "market participant."
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23 August 2018 | 2 replies
Thanks in advance for your participation!
27 August 2018 | 8 replies
If you're self-employed, the Solo 401k plan will likely work better for you.A few Solo 401k benefits: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.The Solo 401k can allow you to borrow funds from the plan, unlike with IRAsYou don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.
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31 August 2018 | 8 replies
From what I recall I think we talked about you participating in sec 8 program (I know it has a knew name, just easier to type).
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10 September 2018 | 4 replies
One book I just read was entitled something like "How to Buy and Sell apartment buildings and it good stories about buying and selling middle-sized apartment buildings (around 100 units) and Partnerships.The Partnership he liked then was called "Tenants in Common' where you could still control the investment and how you could keep control of a property and have a part of it with 1% and have separate agreements with each partner's participation.
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26 August 2018 | 5 replies
@Travis KemperThere are multiple possibilities:Leave the money in employer 401k and get a loan - if available: If the 401k plan in which you currently participate would allow to keep an outstanding 401k loan when you leave, that may be an option.Rollover to Checkbook 401k which would enable you to either (a) invest directly in real estate or (b) take a 401k loan towards the down payment: If you will have self-employment income you could rollover employer 401k funds and IRAs (but not Roth IRAs) to that Solo 401k.