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14 January 2025 | 18 replies
Quote from @Basit Siddiqi: I personally would not buy real estate with a retirement account.There are just too many headaches that are not worth the potential increased return.Some headaches when it comes to investing in real estate with a retirement account1) LTV values are less and harder to find lenders.2) Potential to sell or partially distibute the property if you have to do a RMD(Required Minimum Distribution)3) If you run out of cash and have to make a major repair, you may be out of luck and have to sell.4) Having to potentially worry about UBTI(Unrelated Business Taxable Income)I would personally invest in stocks/bonds/notes with a retirement account.I buy deals with cash and use a ROTH SDIRA so there are no RMD's.I buy at huge discounts to retail.
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18 January 2025 | 6 replies
I personally use Hostfully and their support team is great!
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24 January 2025 | 37 replies
Personally I'm working on a very exciting niche, but will take some time to pull together; and I'll give you more details as it moves ahead.
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15 January 2025 | 4 replies
Hey all,Does anyone have any personal experience with First Savings Bank and their 1st lien HELOC?
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10 January 2025 | 6 replies
When your LLC takes a loan, expect as members to personally guarantee the debt.
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15 January 2025 | 34 replies
I called that person two more times just flabber ghasted that I actually got a banker to admit this info is legitimate with many more questions.
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18 January 2025 | 4 replies
What appears to be great "curb appeal" to one person might be overwhelming to another.
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23 January 2025 | 165 replies
I actually had a fire MYSELF, yes personally.
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17 January 2025 | 4 replies
Awesome to see a new investor-minded person here.. do you have a favorite real estate success story already?
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13 January 2025 | 7 replies
If you give someone over 19% membership interest in the deal, the bank will usually require a personal guarantee from that individual.