5 November 2021 | 6 replies
I have maxed out my VA Loan limit (almost) and I'm cash flowing a little bit it will take a decent amount of time to accumulate enough for a 20% down payment.
18 November 2021 | 73 replies
Something to fight the limit.
6 November 2021 | 6 replies
A wholesaler that is actively doing deals and providing value to investors will vet any buyer out in advance before sending them information, to ensure that the end buyer is the actual end buyer and not another wholesaler who is daisy-chaining deals.Negotiations - In my limited experience Nick, there isn't a ton of negotiation on wholesale deals between the wholesaler and end buyer if it's a "good deal" and the wholesaler has options.
28 November 2021 | 6 replies
I am not big time I have done about 300 lots in the last 5 or so years that are my own and funded a bunch more.. so limited scope of work.
13 November 2021 | 18 replies
For SFHs, the assessed value can only increase 10% per year for a current non-homesteaded owner so future increases will be limited.
27 November 2021 | 5 replies
If so are you intending for the entity to be accredited or are you limiting the investment to 506(b) deals capable of taking in non-accredited (sophisticated) investors?
4 November 2021 | 12 replies
If we rented and held the property long term we have plenty of room to build out the modern duplexes that seem to be getting built everywhere around us.Wanted to STR this house but the city has a limit of 60 days and all kinds of other rules so that is out.Have checked and can long term rental.Let me know if I have missed anything to help address this.
3 November 2021 | 7 replies
There is no limit on how much rent can be raised in my area.
4 November 2021 | 4 replies
In case you are eligible for the Solo 401k, here are some of the benefits it would offer compared to a self-directed IRA:Solo 401k contributions limits are roughly ten times higher than IRA limitsThere is no custodial requirement for the 401kYou don't need the additional expense and administration of an LLC to have checkbook controlThere is a built in-Roth component whereas IRAs are either traditional or Roth, not bothA spouse can also participate in the same Solo 401k planThe Solo 401k has additional tax benefits over an IRA when investing into real estate using leverageThe penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)
14 November 2021 | 1 reply
. - Knowledge of the tax formation and structure of LLPs, specifically Delaware Limited Partnerships- Ability to maximize tax deductions for founders/investors of the funds, yet will communicate aggressive tax stances.- Familiarity with Legal Structure of partnerships and advantages/disadvantages of various taxable entities.- Offers proactive guidance in tax planningMy partner and I are both located in the Bay Area, but location does not matter!