Shannon Dennis
Using 401k withdrawal like private money
1 February 2024 | 5 replies
@Shannon Dennis The only IRA option for investing in alternative assets is either a sep IRA or Self Directed IRA and both have IRS rules regarding probited parties and transactions.
James Russo
Financing a fix and flip
31 January 2024 | 9 replies
It depends on what you are looking for, personal financials, and location.
Briana Martin
Is REI just taking out HELOC after HELOC?
31 January 2024 | 9 replies
I really don't like this approach at all, and I think that folks who use HELOC after HELOC to finance property will find that real estate compounds financial pressure on their lives, rather than compounding freedom.
Brandon Elliott-Pandey
How to get money out of your 1031 exchange! LEGALLY :-P
1 February 2024 | 8 replies
Then cash out in 6 months to a year with better tenants and higher rents.Effectively doing the BRRRR method on your 1031 with the capital gains to effectively buy your next distressed asset and have a built in reno budget.Just thinking out loud...
Jeremy Porter
Unlocking Orlando's Property Management Potential
1 February 2024 | 0 replies
Fees often cover a range of services, including tenant screening, rent collection, property maintenance, and financial reporting.
Timothy Albright
What happens if buyer cant pay / Seller financing
1 February 2024 | 28 replies
Unfortunately, it is doubtful that you could agree to a deed in lieu of foreclosure in advance, but if you strike the financer as a reasonable buyer who isn’t going to be a pain in the rear or a jerk who is going to leverage his own financial misstep into a give me cash for keys, then you might be able to persuade the financer into accepting your sweetened financing terms.
Denise Holder
IRA, Self directed IRA, distribution. Oops
1 February 2024 | 6 replies
Also, the IRA funds cannot be used for real estate, or any asset, you own personally.
Account Closed
Flip Gone Wrong- Advice Wanted!
1 February 2024 | 23 replies
depends on if losing 50k demolishes you financially.. if not sell it and move on. other wise refi and keep
Matt Parrino
Starting out in Southern New Hampshire. Any advice?
2 February 2024 | 7 replies
The challenge of it is going to be finding a property that makes financial sense.
Bette Hochberger
Strategies for Minimizing Capital Gains Tax on Real Estate Sales
1 February 2024 | 4 replies
Fun not obvious one: Bonus depreciation from other equipment assets (ATMS, cars, etc)