Breno Soares
Self-Directed IRA Deal
12 April 2017 | 7 replies
I know of at least one structure to do this which passes IRS muster, but it is likely to be prohibitively expensive:Form the LLC Draw up a promissory note from the llc to the IRAStructure the note as a convertible bond with a fixed interest (which can be adjusted by mutual consent)Note converts to equity upon sale (equity kicker)Hurdles: I believe this is bank dependent but common...IRA will have to own less than 20% of the equity so as not to be on the note, so the IRAs interest received should work out to about 50% of the return minus the 20% in an equal partnershipUBIT will need to be paid in the financed portion (not awful)Bank needs to be informed and agree to the bond being in second positionYou will likely need an IRA custodian sign offDon't try this at home!
Jill Rossi
New HVAC for under $4k? Should I be worried?
12 April 2017 | 18 replies
just make sure the dealer is authorized, NATE certified, and bonded and insured...and don't put down the full purchase price (not fun being robbed) Good luck!
Shannon Sadik
Apartment Down Payment: How to come up with the 25%?
9 March 2022 | 24 replies
If you want to invest in a publicly traded company, you can invest in either bonds or stocks.
Emily Smith
Mortgage Rates Fall
11 February 2007 | 0 replies
One other factor that could have influenced mortgage rates in the past week may have been the veering of investments from stocks into bonds.
Naskat Williams
REO Home Violations
12 July 2009 | 8 replies
If the terms are acceptable just bond around it and close.
Richard Fulgium
REO Auctions
14 February 2018 | 4 replies
It will most always strengthen your offer.Good luck,
Sarah Welch
Hello from Corpus Christi, Texas!
6 June 2014 | 10 replies
My day job involves stocks and bonds but I'm interested in buy and hold real estate for cash flow and long term appreciation.
Connor Dunham
Replacing Boiler - Plumber willing to let me help and to teach
24 November 2014 | 5 replies
I have gotten some quotes from plumbers around my area and actually found a licenses/bonded/insured plumber that is willing to teach me the process of installing the boiler while giving him a hand.
Dustin Keiswetter
Investment Property Flip, Boot Tax Question...
26 March 2015 | 15 replies
Capital assets include a home, household furnishings and stocks and bonds held in a personal account.
Charles Robinson
Probate and Pre-Foreclosure Deal?
26 May 2015 | 10 replies
There may not be any equity by the time medical, nursing home, bail bonds agent etc is done.