DJ Waddell
Private Crowdfunding for 20%+IRR Deal
21 July 2018 | 2 replies
You will need to do a 506(c) if you wish to advertise and that is accredited onlyYou can do a 506(b) which allows non accredited but sophisticated but you cannot advertisePublishing info requesting people to fund a deal is not recommended since it violated sec regulations (note I am not an attorney)
Shea Spinelli
How much cash out would you take?
21 July 2018 | 27 replies
He declined unless we wanted a steep discount and then gifted them so funds back to save them taxes.
Caleb Smith
Economic Crash in Near Future
20 July 2018 | 7 replies
You lose your job, your wife loses her job, the city you invest in gets crushed, the banks you deal with start tightening the reigns, your contractors go under, your funding dries up, etc.
Wendy Schultz
Is Wholesaling in Tennessee Legal
10 March 2022 | 30 replies
Investing is an advanced strategy for those that already have knowledge and funding or funding ability which means some cash and great credit.
Aaron Sparks
Hard Money Loan to make a cash offer without renovation?
20 July 2018 | 0 replies
Here are the numbersAvailable funds : $15,000 Asking Price : $59,900Zestimate: 112,421Rental Income: $1,500/month (3 1-bedroom units)Taxes approximately $200/monthOwner pays water
Scott Garvin
Help Analyzing a property
13 August 2018 | 23 replies
I have enough funds to cover vacancy, so I am not too worried.As far as it being in the hood...
Rami Jabbar
Ive been approved for 150k now what?
25 July 2018 | 6 replies
A 203k is a type of FHA loan with purchase and repair funds, but for owner occupants.If you don’t own a home, I think your best option is to buy an REO where your owner occupant status gives you a buying advantage.
Eric Schwake
First Property Ever. How does it look?
23 July 2018 | 14 replies
I recently funded my SDIRA and I plan to make my first rental investment ever inside of it.
Jon Lincoln
Hard Money for Auction
22 July 2018 | 4 replies
It will be tough to find a HML who can fund the deal fast enough for an auction property.Auctions typically require full payment, in cash, within 24 hours of the end of the auction.You would need to get pre-approved with a HML and have the funds already available.Otherwise you could find a private money lender or partner to take on the deal as well.
YiBing T.
How to partner with your SD IRA to construct a deal?
21 July 2018 | 5 replies
Partner 1-4 contribute funds to a Maryland LLC to title the property.Has anyone done deals like this before?