Chad Smith
Use 401k for investing...?
5 January 2021 | 6 replies
@Chad Smith@Chris Mason1) Regarding taking a 401k loan: You would have to confirm that your 401k plan allows for a 401k participant loan (and that you have not had a outstanding loan in the last 12 months since your ability to take a loan is reduced by the amount of the highest outstanding balance of any 401k loan that was outstanding in the last 12 months).If yes, you can borrow up to 50% of the balance not to exceed $50,000.The repayment terms are equal monthly/quarterly payments (as you prefer) of principal and interest (e.g. prime + 1%) spread over a 5 year term (or longer if you will use the loan to purchase your primary residence).
Heather Hughes
Hampton Roads Market
24 September 2019 | 3 replies
But I find homes that have been sitting on the mls post 90 days that have been reduced in price to below market and are not selling.
Omar Johnson
Equity in primary residence for first rental
26 February 2019 | 24 replies
Helps you to have reduced risk?
Richard Covarrubias
Turnkey solutions - yay or nay
6 April 2019 | 21 replies
On the cash flow side you may not be seeing high returns because you are probably going to buy the it retail, compared to renovating the property and realizing some equity, then you refinance at a lower LTV to reduce your debt service and effectively increasing cash flow.
Paul Barbeau
Owner Financing First Apartment Building
8 March 2019 | 6 replies
The property needed repairs, but I didn't beat the seller up about them to try to reduce the sale price.
Diana Callmeyer
Best Credit Cards for small LLC
27 February 2019 | 4 replies
Then sign up for "Fuel Rewards" There is info at HD or google it.I sometimes only pay $.60 a gallon for gas due to the column of stuff I am buying at HD.
Lee Zhao
Looking to connect with seller financing investors in Las Vegas
1 March 2019 | 9 replies
, who would then lease to owner-occupants themselves.Aside from the reduced regulatory hassle, your clients would probably also get more reliable buyers and faster, cleaner sales.
Casey Roloff
Owner Financing - 11 Unit Apartment Complex
16 May 2019 | 74 replies
I plan to reduce management, and landscaping expenses and raise rents to market rent.
Aaron Laster
Are The Properties That We Flip Subject to Self-Employment Taxes?
18 March 2019 | 0 replies
Depending on your investment strategy and intent, you can be flexible in what strategy you choose to reduce your taxes.
John Sonmez
Doing a 1031 exchange and looking for best options
25 January 2019 | 14 replies
I'm on day 2 of my 45 day period to identify a replacement property.I've sold two residential properties in Boise, Idaho and I've got a 3rd that is under contract, for a total liquid cash amount of about $550k.I've also got the capability to sell more of my portfolio (about 2.5 million all cash.)Right now my overall goal is to reduce the headache and issues of dealing with property management companies who are constantly ripping me off and also just the hassle of having 13+ properties with pretty low cap rates.My goal is to just produce cash flow as I'm already kind of retired and I just want to focus on my online business, not constantly dealing with real estate.