Jeffrey Property Manager Traditions Realty LLC

If you had $15k in and Traditional IRA what would you do.

If you are using hard money you need to budget for the points and fees as well as traditional third party closing fees.Repairs: The money it is going to take you to rehab the property plus an extra 10% of estimated repair costs to account for unexpected repairs.Holdings Costs: Here is where a lot of investors get tripped up.

Jeffrey Wardlow Traditions RealtyRiverside ave Jax Fl.

This way you can finance the property through traditional means.If you are adamant on getting an investment property and you want it financed try a local credit unionhttps://www.creditunionsofontario.com/list

Brian Jameson If you show a loss YoY on your returns, most of the traditional long term financing options will be closed to you, including Fannie/Freddie and typical bank loans.

Expect triple taxes in the future (which is my concern with making money in traditional IRA versus Roth) and expect perpetual low interest rates and thus perpetual asset bubble crashes.I have seen the trend and that's why I only to be investing in real estate as a hedge fund manager.

Traditional financing should be pretty straight forward.

I'm technically newly self employed so I don't qualify for traditional financing through a mortgage company.

Even I could see that lines weren't straight, dry wall was not done correctly and the electrical didn't look right.When we questioned the Gc about this he always had a different story - *he had drilled through the PG&E cable at his own house so couldn't be at our house that week as he had to tend to his own house.* he had fallen getting out of a cab and he couldn't walk for the next few days* he had spent all the money we'd already paid him on fixing up his own house and couldn't pay his subs that weekSo many red flags and warning signs along the way.