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Results (10,000+)
Kyle Soderman Duplex with sloped floors
12 January 2017 | 6 replies
(I have the offer accepted but I have not yet submitted any earnest money.)Purchase price: $207,500Rehab cost: $35,000 (wrapped into financing with 203k loan) The rehab cost was bid from a contractor.
Chinmay J. Offers with expiration date.
18 April 2017 | 20 replies
An offer is just an offer until you go to contract.Usually, if a previous deal has fallen through or the buyers just simply move on, most good agents will then go back to the previous offers to see if they are still interested.Are you submitting your offer on purchase agreements?
Jim Etheridge Need Some Guidance on Self Directed IRA with financing
17 January 2017 | 8 replies
The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (IRA LLC) must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2016, the solo 401k contribution limit is $53,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of the solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)
Carolyn L. Creative financing for wedding event venue - Georgetown TX
16 January 2017 | 6 replies
The buyer is currently working with a local credit union submitting this as an SBA 504 loan.  
Ori Skloot Title insurance may crash and burn my deal...
2 February 2017 | 18 replies
There was one last piece of paperwork that the seller submitted last week to title company (death certificate of his mother who did a quitclaim to him) and it was being reviewed by title company underwriting.   
Tim Kaminski St. Petersburg Triplex Analysis. Feedback!
19 January 2017 | 10 replies
But there's only one way to find out for sure and that's to submit the offer.
Donnell Durden Finally a 4 Unit near me! What do I do???
14 January 2017 | 10 replies
You will need a preapproval to submit your offerFind a realtor in your area and submit your offer. 
Becca Tew Help! Financing rejected because income can't be counted in D/I
17 January 2017 | 9 replies
I submitted an offer on the house today.
Ashley Cast How to increase the deals coming into my deal funnel
12 January 2017 | 1 reply
So far I have submitted 5 offers they were all on the MLS.
Andy Ballester Why must I live here??? Question???
27 January 2017 | 15 replies
And submit my offer before it goes on the market to investors as myself I have a feeling the price will be driven up.