25 June 2016 | 7 replies
Could I legally sell it to my self for $175k (with the $50k minus closing costs going into the SDIRA) I would then finance it at 80% (put 35k down) and use it as a rental propertyReason why I thought of this is I have purchased properties, fixed them up and had to wait six months for seasoning (since I do not have 10 properties I am still using conventional financing through my credit union)In this instance I do not have to wait the six months I can refinance immediately.Downside is I am putting $ into the deals when a typical BRRR you are not at the end of the day (if done correctly) but this also allows the SDIRA to ramp up quickly
8 June 2016 | 8 replies
Leveraging is using other people's money to buy...For instance you have $100,000 to buy realestate.
8 June 2016 | 5 replies
A lot of the value you provide will be your ability to organize the chronically disorganized.Priorities: In the case of realtors, for instance.
27 October 2016 | 19 replies
For instance, have you named your company yet?
8 June 2016 | 4 replies
For instance, www.456rent.com lists all of their available properties with addresses and some photos so you can compare that to your rental.
9 June 2016 | 3 replies
Hi guys,I have visited this site on many instances but tonight I decided to become a Pro Member.
17 June 2016 | 3 replies
Generally on a retail strip center for instance there are separate meters for each tenant.
16 July 2020 | 8 replies
My goal is to use @Brandon Turner famous BRRRR strategy.
18 June 2016 | 10 replies
For instance I bought a single family - 4 bedroom in east orange for 35k at auction (sight unseen) lucked out and only had to put about 7500 into it and it rents for $1500/month.
13 June 2016 | 21 replies
Now, keep in mind they are buying B/C properties and re-positioning them, would avoid A properties (they always risk overbuilding and when local economy stalls a bit...oil impacting Houston more than avg city for instance, that prop type gets hurt).