The more you can connect with other investors on a meaningful level, the more likely they are to show an interest in you as well.

With the LLC, I'd imagine he'd contribute as a member for the materials.

In reviewing my credit report, the main reason is that all of the new rental property loans are contributing to a higher overall balance for my revolving credit.Some points:- No late payments- Only 2 credit cards, with revolving credit and less than 30% used- No other debt besides the 2 credit cards, primary residence loan and 1-4 investment properties.How do you seasoned investors maintain a score higher than 720 and continue to conventionally finance properties?

And without knowing the actuals, I don't think you'd find anyone that can really give you meaningful advice other than going to an attorney.

That is my delima in a nut shell.Joel, I believe you have confused some things here.For contributions, you can contribute more to a 401k than an IRA plus you have borrowing provisions up to $50k in a 401k.

Their offers with FHA loans and two appraisals and contributing to buyer's closing costs aren't going to look so great next to a all cash offer with a 15 day close.

:) That's based on the par value of the note if anyone is interested.Saying what should have been done to avoid this is beyond meaningful now.

Thanks to everyone who contributes.

-StevenI agree, solo 401K is probably the best out there for self employed, I believe you can have profit sharing contribution of up to 25% of your earned income, this is huge compared to other plans.

>>>>>>If You Didn’t Max Out 2012 Contribution Limits, It’s Not Too Late (It Could Benefit You)As the 2012 tax filing deadline nears, there are still actions you can take to help cut your tax bill.You can continue to contribute to your retirement account up until Tax Day and write it under the 2012 contribution year.