Marsha Segree
SD401K vs SD IRA and Checkbook Control
8 November 2016 | 5 replies
If you are using the LLC to provide a product or service and generate earned income, then that LLC could sponsor a Solo 401(K) plan.Generally speaking, if you qualify for a Solo 401k - both today and for the long term, there are some advantages to the Solo 401(k) format in terms of higher contribution limits, elimination of UDFI taxation on leveraged real estate investment and a few other factors.
Brian Twigg
Moving out of California
16 November 2016 | 18 replies
I will put a 5 stars for Nashville!
Daniel Patton
Refinancing an LLC-owned investment property
20 January 2020 | 8 replies
Or try a "private equity" lender, such as Lima One with their Rental30 product.
Samantha Soto
How will this election affect real estate?
14 November 2016 | 31 replies
When employees can no longer afford their housing and other living expenses, productivity suffers = profitability suffers.
Lawrence Cox III
FHA 203k, is this a good option for buy and hold
4 April 2017 | 2 replies
That said, you can always refinance to a non FHA product and turn it into a rental...though you likely won't be in any type of instant equity position...
Antonios Andreadis
Workshops Massachusetts (Wholesaling)
6 July 2019 | 3 replies
Full disclosure - since I was so angry at all the $$$ thousands of dollars in course slingers out there, we do now sell a product that has all my systems, forms, contracts, marketing pieces, software, motivational audio, interviews with local attorneys, etc... it's under $500.
Logan Turner
Negotiating with GC bids
21 July 2017 | 17 replies
I agree with you Bob Okenwa I just can't blindly take what a contractor is willing to bid on materials especially on finished products.
Joshua Reed
Question about Quicken loans
12 April 2017 | 8 replies
Every bank has different terms, rules, closing costs, down payment requirements, relationship practices, products, and etc.
David Ocampo
New Investor in Near Western Suburbs of Chicago
6 April 2017 | 5 replies
I've done my due diligence with regards to finances (paying down non-productive debt, accumulating cash reserves) and have begun reading all of the recommended books per the ultimate beginners guide.I need some assistance in the following areas:Analyzing deals: I have calculator (link) that uses assumptions to determine if the property merits further investigation.
Rob Roy
Taking Full Advantage of a VA Loan + Military Move
20 April 2017 | 19 replies
You will pay an exponentially lower monthly payment because it's a a different product and interest is calculated differently.