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12 August 2015 | 3 replies
Any cons of holding this in a self directed Roth?
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11 August 2015 | 10 replies
@Seth C.IRA capital can be used to invest in real estate in the variety of ways: single family rentals, commercial, in the US and out of the country, you can invest in tax liens and deeds, you can do hard money (or private) lending out of your account to other investors, etc. etc.In order to do so you need a self-directed IRA.
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8 August 2015 | 0 replies
I'm self-motivated and have the drive to do what it takes to be successful.
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30 September 2018 | 20 replies
Three years in a treasury as opposed to a 7.5% CAP multifamily is ostensibly a self inflicted tax....if that spread were considerably less, I might be more inclined to pay the tax and move in to the treasury.
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8 August 2015 | 6 replies
I have a few questions about mortgage financing so I can start working in the right direction to get a loan.I'm self employed with an LLC business.
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14 August 2015 | 5 replies
@Sue Deng please take no offense.. however If you do not even understand this basic question.. and folks in foreclosure are under EXTREME duress and stress how is someone like you remotely going to help them.. other than for your own self serving gratification.to come on BP and ask this question just floors me personally.. the blind leading the desperate and this usually leads to those your trying to rip equity form to end up just losing their house.
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18 August 2015 | 18 replies
That's where you lost almost all defense to it was the GC's fault.Account ClosedYou are correct that negligence would have to be proven, but depending on the state the standard is not that the floor was unsafe.
10 August 2015 | 38 replies
(Would a common man understand that the $1,000,000 wasn't from selling lemonade on the corner) Biggest defense is to know your customer or investor, have them source their funds, and document discussions with investors regarding their transfers.
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9 August 2015 | 3 replies
My partner and I plan to get a hard money loan for the purchase and then use my self-directed IRA for the renovation funds.
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16 August 2015 | 39 replies
I would correct all of the issues before trying to evict, because that's clearly what her defense in court will be.