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6 February 2015 | 5 replies
@Jerry Padilla , just curious, are those restrictions for properties the bank is going to repackage & sell to Fannie/Freddie?
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9 February 2015 | 41 replies
There are rules, of course, with the solo 401k, but honestly, they don't seem that complicated or restrictive to me (basically, the biggest deal seems to be not buying anything that directly benefits YOU...ie: if you buy a vacation rental, the proceeds go back to the 401k, and YOU can not vacation there...stuff like that).I found the company to create my solo 401k here on BP as well...in case you wanted to do a search, ahem.PS- try not to fret too much about the car(s).
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8 February 2015 | 2 replies
Most REO addenda will prohibit assignments.If the REO doesn't have a deed restriction (FNMA is typically 90-days), you can double-close, and even with a deed restriction, you may be able to double-close if you don't mark the property up too much (FNMA allows 20% markup within 90 days).
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9 February 2015 | 0 replies
Our scenario is this; I have almost all of my liquid assets in my IRA, SDIRA, which I would not mind using if needed, but obviously more restricted as far as doing the work myself etc...
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20 June 2016 | 50 replies
I also think these could be popular additions to lots with an existing SFH - both for "boomerang children" and an aging parent.I think currently the biggest hurdle is the zoning restrictions - in areas where they get loosened up, I think they will be relatively popular.
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10 February 2015 | 5 replies
Places like Ohio and, I think, Oregon are more restrictive so wholesaling is much more difficult in those places.
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12 February 2015 | 36 replies
Since they restrict the flow it adds to the pressure of the water coming out.
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12 February 2015 | 7 replies
Although the "fantastic" internet restrictions here keep me from viewing the podcasts i will jump on the additonal resources.
12 February 2015 | 3 replies
You'll need to find a lender that will lend up to the Fannie Mae limit of ten - but you may have additional restrictions on loans 5 through 10.
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8 October 2016 | 10 replies
@Michael Saberniak - I see nothing on the IRS website about needing to be active or a professional investor, but there are many types of restrictions as to what kind of property can use the deduction, including property you lease to others.