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Results (10,000+)
Derek Caffe Purchasing First Commercial Property - Due Diligence Inspections?
1 September 2016 | 9 replies
Thanks Account Closed, what kind of company typically does these types of inspections?
Duriel Taylor How to build an Rental Empire within 15 months
30 August 2016 | 15 replies
With the landscaping, I typically go for properties with light landscape.
Patrick Philip Is there a better finance strategy for large purchases than this?
9 September 2016 | 12 replies
@Patrick Philip,Well, banks are "flush with cash" these days, but no, they do not have unlimited funds.Also, when banks lend, they impose certain restrictions on the loans, the borrower, the collateral, the terms of the loan, etc. so the note can be sold in the secondary market or be insured by government-sponsored agencies like Fannie Mae, Freddie Mac, etc.Private lenders ("OPM") typically don't write loans to sell them, and typically are interested in the deal rather than the borrower's details.Using OPM down usually means putting some kind of partnership, joint venture, etc. together so the source of the down payment is less of an issue or a non-issue to  the lender(s).Dunno if that helps...
Patrick Anibaldi Humble Dad hunting cashflow for son's education
31 August 2016 | 14 replies
I typically spend 25k per rehab on a REO. 
Account Closed Financing a 6 duplex deal
29 August 2016 | 5 replies
These are based on property cash flow (not DTI) and borrowers FICO.Portfolio loans typically require a minimum loan amount of $300k, 1.20+ DSCR, and are amoritized over 30 but due in 3/5/7 years.
James Maness Apartment Complex
15 August 2020 | 12 replies
., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)
John Welz Lead Paint Inspection/Deleading Information
2 September 2016 | 5 replies
For the outside I had to hire a stucco company to eliminate it top to bottom.Simply have a lead report done and give it to your Contractor.
Vincent Chen Long distance (Out of State) Physcially Due Diligence
16 September 2016 | 3 replies
@Vincent Chen,The key is to build your local team - property management, contractors, etc. that can go look at properties for you and report back. 
Cassidy Burns Financing my 2nd Deal
30 August 2016 | 5 replies
Go to a credit union and inquire about a "porftolio loan" typically 20% down, 20 year amortization with a 5 year rate adjustment.
Ken Rishel Is Your Website Leading the Regulators to Your Door?
17 September 2016 | 12 replies
There could be many others we are not aware of as we rely on what people report to us, or what ends up in the subscription legal feeds because of court actions.