Chris Mackinlay
Creative Financing help
16 August 2020 | 2 replies
You may wish to confirm that the new 401k provider will handle the ongoing compliance support such as any required 5500 filing (e.g. 5500-EZ for a one-participant plan with assets in excess of $250,000), any required tax reporting (e.g. 1099-r in the event of a distribution or in-plan Roth conversion), mandatory plan updates and amendments, etc.4.
Anass M.
Turning Primary residence into an LLC
25 August 2020 | 11 replies
For example, in GA, if a sole proprietorship sought investors in an Enterprise Zone project, those investors must become partners in the sole proprietorship due to the capital investment in the business, creating all types of tax questions, legal structure questions, and, more than likely, a disincentive to participate in the project.
Rory Galvin
Understanding Cashflow. What is good cashflow?
14 August 2020 | 2 replies
I find that number staggering considering the billions of dollars of both institutional and retail money invested in real estate every year.I'm trying to understand cashflow a bit better.
Rory Galvin
Understanding Cashflow. What is good cashflow?
14 August 2020 | 1 reply
I find that number staggering considering the billions of dollars of both institutional and retail money invested in real estate every year.I'm trying to understand cashflow a bit better.
Pete Woelfel
Looking for HELOC help
28 August 2020 | 10 replies
Because they don't have a bank presence here, they do not offer a HELOC option.My understanding in general is that financial institutions will only offer home equity products if they hold the mortgage on the property.
Matt J.
Question on a No Money Down Househack
19 August 2020 | 8 replies
So when your credit is pulled on you personally, the financial institution doesn't even see the duplex/loan-debt.
Rich Hupper
Non citizen financing
19 August 2020 | 7 replies
It would never go on a credit report therefore would not need to be cleared by a financial institution.
Jim Skaff
Landlord withholding security deposit in FL
19 August 2020 | 6 replies
(c) If either party institutes an action in a court of competent jurisdiction to adjudicate the party’s right to the security deposit, the prevailing party is entitled to receive his or her court costs plus a reasonable fee for his or her attorney.
Gina Medrano
Diving into the world of Real Estate
19 December 2020 | 8 replies
Construction is great work/income, but it’s all cash and not a great way to build rapport with banks and lending institutions.
Daniel Reeder
Considering a multi use build in downtown Birmingham
16 August 2020 | 3 replies
If you do not have the cash to put down and the reserves you could always raise the money for my private investor or investors and or ask for owner financing or for the owner to participate in the deal.