Randall E Collins
Property sale proposal
10 November 2024 | 6 replies
My daughter is the sole beneficiary of all my belongings upon my death.
Erol Shashaty
Real estate friendly bank
14 November 2024 | 22 replies
As an overseas fund, working with a bank or lender that understands international investors and can accommodate your specific needs is key.There are asset-based loans or hard money lenders that could potentially offer financing based solely on the value of the property, rather than relying on personal guarantees.
Kyle Souza
Qualifying for Small Multifamily Loans
13 November 2024 | 23 replies
If the shoe fits, of course.Would be happy to hop on a call and chat anytime, if you'd like.Cheers!
Brody Veilleux
Researching Markets with Apps vs Websites
10 November 2024 | 1 reply
Are these apps as accurate as they’re made out to be, enough to rely solely on them?
Alecia Loveless
Wynd Smoke Detectors
10 November 2024 | 1 reply
Wynd detectors are usually good for air quality, their effectiveness specifically for detecting marijuana smoke can vary, as they aren’t designed solely for this purpose.
Josh R.
What to do with a property that has too much equity?
12 November 2024 | 18 replies
What does that income picture, and time-line to complete 10, look like vs holding onto 100% and "paying the bank" as your sole "partner".....
Rochelle Gerber
Has anyone moved their 401K to a self directed real estate one?
13 November 2024 | 22 replies
If you have pre-tax and post tax Roth funds in the existing 401k, you will initiate a rollover into a newly formed Solo 401(k), with some funds dropping into the pre-tax bucket and Roth funds dropping into Roth bucket. 3) 3 benefits that I find many real estate investors are attracted to with the Solo 401(k): 1) Higher Contribution Limits (providing you have enough earned income) 2) Ability to contribute to Roth, without MAGI limits where you have to do a backdoor contribution, like you do a Roth IRA. 3) Exemption from UBIT/UDFI on debt financed real estate deals, this could be directly, or through a syndication type deal. 4) Now, we can proceed with, what about the caveats and qualifications to open and maintain a Solo 401(k): 1) You need to have earned income from the business/sole prop. that is sponsoring the Solo 401(k).
Bryan Fleming
General questions from an aspiring wholesaler
8 November 2024 | 7 replies
Quote from @Max Yuan: I am a software guy that got into wholesaling, so it is not like I've been in the industry for decades, but definitely in your shoes last year.1.
Brittane Jenkins
Any creative ideas for getting a down payment funded on an investment property?
9 November 2024 | 9 replies
If you put yourself in the lenders shoes and think about the risk of the deal and worst case if the borrower defaults what is in it for the lender?
Alysa Greene
Wholesale Question To Move Forward
8 November 2024 | 2 replies
I think they may want to move forward solely on escrow instructions?