Adrian Fernandez
First rental property! Offer just accepted
30 March 2017 | 21 replies
cozy.co looks like a great resource, I'll definitely earmark that.
Phil T.
Using a 401k to help with down payment?
17 October 2016 | 8 replies
I would just cash out the 401K...ear-mark the remainder for your down payment...how much down you need depends on price of the rental of course.Remember, you have to claim that $10-11k as income on the current years taxes.
Travis Estes
My First Ground Up Project
19 September 2016 | 3 replies
There was a lot of behind the scenes workings but in the end it took a signature from Obama on a bill in which the sale of the disputed land was earmarked.
Jack B.
Do you pool reserves for all your properties?
31 December 2016 | 3 replies
At the beginning I kept track of earmarking enough reserves per unit, and my threshold was always that a unit could go vacant for one year without causing me economic distress such that I was forced to sell the unit.
Justin O'Malley
What advantages do I have for owner occupied housing
12 December 2018 | 11 replies
to be competitive - get 100% pre approved with a lender using whatever hypothetical scenario you want to use so that you are prepared to provide a tight / strong offer to a seller when needed ….consider making the closing period as short as possible and try to get some money earmarked to provide as your earnest money deposit
Chris Pflum
Sherman Bridge- WARNING- Beware of hidden fees
11 December 2018 | 6 replies
I don't know the company.. although one time I asked for proof of funds from someone using them and they sent over a screen shot of Sherman bridges rehab fund account.I went back to the buyer and said this is no POF these are funds earmarked for their loans in place not to be used to fund new deals.
Kari D.
Need advice on unfinished rehab sold by owner/contractor
7 October 2018 | 4 replies
In that case, you have to have money earmarked there and maybe something happens where you don't close.What happens if the contractor finishes, but to a really dismal level of quality?
Nadir M.
Stock crash worries??
27 March 2019 | 47 replies
If you want to build a small business on top of this long-term plan, by all means, buy some real estate.Disclaimer: I personally hold most of my long-term retirement / 401k type investments in a similar fund and invest heavily outside of this fund in real estate to build a lifestyle business independent of long-term savings earmarked for retirement.
Andrey Y.
Is my HELOC interest deductible for 2018?
7 April 2019 | 12 replies
Not sure exactly what I used this money for, since I had cash in several accounts and didn't specifically earmark this $51K for any specific investment.
Eduardo Rodriguez
How do Series LLC work with rental properties?
30 January 2019 | 8 replies
It is possible to run the different "child" series within the Series LLC under a single bank account, but you need to end up tracking expenses and "earmarking" them correctly - Quickbooks is a great tool for this.