Audrey Cranmer Moini
What is the Best Way to us your 401k to buy a Home?
5 August 2020 | 7 replies
If you don't have enough Solo 401k funds to purchase the property as an all-cash deal, you can combine your Solo 401k funds with non-recourse debt to purchase the investment property.
Matt J.
What Should I Do Next?
5 August 2020 | 5 replies
Combining the two might be what you're looking for.Best of luck!
Nicholas Field
Looking For A Flipping Project Management Tool
9 August 2020 | 1 reply
Ideally it would combine a CRM, calendar, timeline, etc.
Sandra Reid
First time investor analyzing triplex needs deal analysis help!
10 August 2020 | 6 replies
A few things to think about:21% combined for CapEx and Maintenance is pretty high.
Brady Bulmanski
Best Way to Use Equity? Cash Out or Not?
5 August 2020 | 5 replies
At the same time, see if the lender will do a HELOC to allow you to tap into the additional equity you have.I also think you would be well served to underwrite a bit more conservatively. 10% combined for CapEx and Maintenance is low.
Anita Smith
Question for an attorney or CPA? I'll pay for the advice
6 August 2020 | 16 replies
(I'm wary to believe that, due to other bad advice and mistakes on my return.)Also, I'd probably rather not aggregate the three properties, since based on that article:If a qualifying real estate professional makes the election to aggregate all rental activities for purposes of measuring material participation, the combined rental real estate activity is treated as a single activity for all purposes of Sec. 469, including the disposition rules of Sec. 469(g).
Axel Norvell
Buying the house next door (Seller Finance Deal)
12 August 2020 | 6 replies
Is purchasing the property next door to combine my lots into 16k sqft total worth it?
Robert Gonzalez
Section 8 in Midwest City, Del City, OK
14 February 2021 | 7 replies
As a lOKal yokel specific combination of Del City and section 8 makes me want to run for the hills (which if you’re familiar with our landscape means “a very long way”).I’m happy to add value in any and every way possible.
Sam Morgan
First House Hack - Too good to be true?
6 August 2020 | 3 replies
I’d recommend getting a specific quote from an insurance broker for the property you are looking at so that you aren’t surprised.A 4-plex I own make a good example: because of the combination of factors with it (age, flat roof, being a 4-plex) the insurance costs are 3x what any calculator predicts it should be (because most calculator tools use area averages based on the value of the home, instead of the actual home in all of its glory).
Stephen Spradley
What college degree do you have?
7 August 2020 | 4 replies
I'm sure you'll get a lot of "college doesn't matter" comments on here but if you're already doing it, I'd suggest either emphasis of or combination of Finance, Accounting, Marketing, Economics.