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1 July 2015 | 9 replies
I agree with above that you cannot do that with the SDIRA.I think the best way to get a similar outcome is to lend to each other out of your ira's but NOT on the title.A solo 401k might have some features worth looking into as well.For sure please seek legal and tax advice for acting.
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27 June 2015 | 2 replies
Hello Biggerpockets family!I have two investor friends that have acquired an 18-unit apartment complex under sub-to the existing mortgage. The property is in the name of an LLC. They need 10k to pay off property taxes...
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27 June 2015 | 1 reply
I usually seek 3-5x equity vs arrears caught up.
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29 June 2015 | 7 replies
Only thing that is a pain is having separate accounts and transacting through that.
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29 June 2015 | 28 replies
Rather its portfolio/blanket loans, or investors seeking out 10 sfr loans.
14 September 2015 | 15 replies
In the town where they live, the best ATM charges $3.50 and caps withdrawals at $100, so even a $2.75 fee from Square (per $100, 2.75%) saves them money, and then they don't have to stand there at the ATM for 20 minutes while it tries to dispense all of their money (fun side note, it only dispenses $10 bills ... and $1500+ in $10 bills is a real pain for me to lug around in my pocket.
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30 June 2015 | 2 replies
So very painful process.q: When you guys refi your property (under HOA) is it more difficult.
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4 July 2015 | 7 replies
Hello All! This is my first post on bigger pockets. I was wondering if I could get some feedback from seasoned MHP investors on the following potential deal:21 Owner Occupied Lots @ $225-$235 5 Rentals Units @ $295-...
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5 July 2015 | 7 replies
Hopefully this topic will garner the attention and help that you seek as I plan to learn from it as well.
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8 July 2015 | 13 replies
When I was seeking advice about where and what types of property to invest in, one old saying stuck out: everybody has to live somewhere.