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6 November 2024 | 22 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
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5 November 2024 | 11 replies
It would be as a loan, and I wouldn’t have equity in his deal.
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5 November 2024 | 3 replies
Know the Rules:No personal use – the property can’t be used by you or family.All expenses/income go through the IRA.Watch for UBIT tax – some income types can trigger it.Tips:Non-Recourse Loans Only: If financing, make sure it’s non-recourse.Diversify: Mix property types, REITs, or loans within your SDIRA.Anyone here investing in real estate through their IRA?
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5 November 2024 | 28 replies
Consider exploring alternative financing methods such as bridge loans, seller financing, or specialized 1031 exchange loans, which are tailored to streamline the exchange process while ensuring IRS compliance.I remember when I first got started with house hacking, I made the mistake of not looking into all the nuances of 1031 exchanges.
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4 November 2024 | 12 replies
I'm reading up on books and articles on how to do this but sometimes it's easier to join social groups or talk to people close to me that have done it before.Right now my goal is to get pre-approved for a loan and to learn from others.
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6 November 2024 | 4 replies
I’ve heard from others it is still a ough thing to get lending on.The suggested way that bankers have given me is to have the end buyer apply for the loan and we build the house for them.
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4 November 2024 | 24 replies
The hard money rehab loan is not the problem.
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1 November 2024 | 2 replies
Does anyone else feel this way? One of the things I love about being a CRE investors is when the 1st of the month comes and my tenants pay down debt for me. I love to see the debt lowered every month with principle pa...
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5 November 2024 | 15 replies
I was told that if you purchase a property using a conventional loan (mortgage in your name), that within a month or so after you purchase the property, you can use a Quick Claim Deed or Warranty Deed to transfer the name on the Deed of the property to your LLC.
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5 November 2024 | 5 replies
I typically use regional banks to fund my deals but my 2 go-to banks have either slowed or fully stopped investment loans so recently I've connected with several online brokers but all came from ads or they reached out to me vs personal recommendations and intros so I have concerns.