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3 September 2018 | 8 replies
The Solo 401k will likely be the better structure for you if you're eligible, which requires self-employment.A few Solo 401k benefits:Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You can take participant loans from the plan.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.
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20 August 2018 | 2 replies
Posting and publishing companies do the official notices and these are hired out by the trustee or attorneys handling the foreclosure.Cash for keys are typically handled by the real estate agents hired by the asset management companies for the bank.
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16 August 2018 | 1 reply
Communication is the key - build a relationship with a realtor and if they are worth anything, they will realize what works for you.
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17 August 2018 | 5 replies
Good comm will be key.
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18 August 2018 | 16 replies
If you want to be nice you can give them either more time or a monetary incentive (cash for keys).
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27 February 2021 | 9 replies
I suspect that consumers NOT wanting to share info with appraisers, compared to real estate agents being happy to share, is a component in why many people think refinance appraisals "automatically" come in lower than purchase appraisals.
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17 August 2018 | 13 replies
@Saji Ijiyemi a primary residence isn't an investment so it is harder to say, if it followed the only $27k repair budget it might save you the other $25k off of buying turn key, but the repair budget isn't set in stone (could change) and if you have FHA financing they probably won't let you buy it due to condition anyway.
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25 February 2019 | 4 replies
Partial Cashout refi - take out 40K in equity and invest the money for a couple years in a turn key or syndication to build up our working capital.3.
23 February 2019 | 0 replies
The site makes everything appear very turn-key and the reason it caught our interest is that they work in two of the markets we are looking at.
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24 February 2019 | 4 replies
If you are buying partials, some key things to ask are:1.