22 December 2020 | 17 replies
@Richard Weinberg1) If you have a Solo 401k that supports a 401k participant loan you can simply take a 401k participant loan up to 50% of the balance not to exceed $50,000.2) The notion of loaning funds from your self-directed IRA to someone else (and vice verse) could easily be challenged as a step transaction where the step of loaning to someone else would be ignored and the transaction would be analyzed as a loan from your IRA to yourself which is prohibited.
15 October 2020 | 7 replies
I'm really struggling with how to determine what is the BEST FORMULA to determine/analyze a positive cash flow property when purchased price is higher, particularly bc I would easily need to put down 100k, not the 10-20k that some people need for low end markets!
14 October 2020 | 6 replies
You might want to give a little more info and do as others say and try to make some in-person relationships at meetups to see where there would be a win-win relationship.
7 March 2021 | 8 replies
It could easily be 5% of the homes value to close the loan.
15 October 2020 | 3 replies
In my opinion, overhead map, the split could easily be 20/80, residential/commercial, especially if the expansion goes through.Comparables of just single family houses in the area are selling for the $400,000 range.
22 October 2020 | 9 replies
@Jonathan R McLaughlin I was thinking that its best to get rid of these tenants but given where we are in the COVID cycle and where rents are... not sure that I will be able to rerent the unit easily.
14 October 2020 | 5 replies
It's a no win situation with the way things are right now.
6 November 2020 | 18 replies
Upper Fells (south of Hopkins Medical) is up and coming, although, you could just as easily argue it already came lol.
15 October 2020 | 8 replies
Next month I’m going to enter everyone who pays on time into a drawing to win $10 worth of quarters for laundry.
14 October 2020 | 0 replies
7-How do you close a good deal quick and easily?