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15 May 2017 | 29 replies
Depending on the amount of money in your IRA, you can use the funds to invest in a piece of Real Estate directly - OR - you can use your IRA as a down payment, and your IRA can secure a non-recourse loan to finance the balance of the purchase.In either scenario, your IRA is the property owner - all income generated by the property flows back to the IRA, and any expenses (repairs, improvements, taxes & insurance) are paid with IRA funds.
26 May 2016 | 7 replies
Working on the profile pic issue as well.
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26 May 2016 | 2 replies
Type note investor in the search box above, it will show profiles of members on the left who are in the same profession on the search results
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2 June 2016 | 23 replies
If the auction bid amount was $100,000 and the investor then sells to someone else for $125,000, and the borrower wants to redeem, it is $100,000, plus the additional charges, not $125,000 plus additional charges.The additional charges consist of interest at 7.5% per year, the VALUE of all permanent improvements made after the foreclosure auction, and the cost of all casualty insurance premiums.
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26 May 2016 | 2 replies
I have joined BiggerPockets to share my commitment and expertise with the BiggerPockets community by offering professional guidance and advice in areas including real estate deals and transactions, business development, and project management strategies to improve outcomes, budget management and customer solutions.As someone who has personally experienced, solved problems and developed projects in the areas of real estate development involving engineering, architecture, construction I welcome conversations in these areas as well as those below: Areas of interest include: pro forma development, technical due diligence, strategy and company growth; development, deals and transactions; portfolio development & management; leasing; construction, engineering and architecture in project design and technical operations.Real Estate, Construction and A/E, project manager, Real Estate Investor with more than twenty years of integrating business, engineering , architectural expertise and real estate development, construction management experience in designing, managing and investing in more than $126.5 million of commercial and multi-family properties and over $100 million in private and municipal projects encompassing design/build, structural, electrical, mechanical/civil engineering and architectural services, construction management, real estate investments, due diligence, pro forma development and financing.
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27 May 2016 | 4 replies
I'll start off with what I put in my profile about me and expand on it some.I am 38 years old and have flipped 3 properties with my parents in the past (starting back in 2000.)
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30 May 2016 | 6 replies
Financing may be available from the seller, from KOA (if a KOA park), or from a local bank (who may loan on the land and improvements, or extend a business loan guaranteed by SBA).
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1 June 2016 | 4 replies
Although, I've heard other people say that this is a great way to improve cash flow.Shared utilities can be split still.
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28 May 2016 | 4 replies
I've outlined in my profile the types of properties I am seeking.Let me know if you know any good agents who have off-market deals!
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27 May 2016 | 2 replies
My contact information is in my profile.