
15 March 2024 | 4 replies
We have found the amount of work with bank accounts, taxes etc is not worth the money as the risk is so minimal.

15 March 2024 | 31 replies
Assume that I have taken care of retirement account and general stocks contribution.

17 March 2024 | 24 replies
@Ray HarrellSellers will owner finance because (1) they will be able to sell for a higher price because they will sell to people who can’t get institutional financing, (2) they think the interest rate they receive on the money they financed, usually 6-10%, is better that the 2% bank accounts are paying (3) they get to spread out the gain on the sale of property over many years and not be bumped into a higher tax bracket immediately, or (4) they can sell the property faster as a buyer doesn’t have to wait 45 days to fulfill institutional lending requirementsBuyers may want owner financing because (1) they save the points and other fees associated with institutional financing (2) they may own the maximum number of properties financed allowable by lending institutions (3) they as full time real property investor may not be able to prove the amount of income necessary to obtain a loan (4) they may not qualify for conventional financing, only hard money, in which case owner financing may be at a much lower interest rate (5) they may have liens, judgements, etc. outstanding that make obtaining outside financing impossible, (6) they may want to close quicker than available with institutional financing.Please let me know if this makes sense

19 March 2024 | 214 replies
They've been invaluable for helping to organize all of this.For Periscope - You'll have to download the app and probably set up an account.

16 March 2024 | 12 replies
I've been playing with the idea of becoming one in the hopes that it would help me branch out and meet more people, learn the lingo and just be more involved overall.
16 March 2024 | 5 replies
He may have contractors in the area, and or realizes that price appreciation is going to occur.3.If the property is held in a retirement account, no tax will be due on the interest payment received, either Federal or state.

15 March 2024 | 4 replies
Has anyone been involved in a private lender transaction and used remote online notarization?

14 March 2024 | 13 replies
You can't directly use your SDIRA funds to snag a property through your LLC, especially if you're directly involved – it's a rule thing.

15 March 2024 | 37 replies
Spend the 50$ and save a lawsuit I'm guessing you've never been involved in a lawsuit before.

15 March 2024 | 1 reply
Is it worthwhile to get a lawyer involved?