Brenda Wright
Passive Income in dire search of a BANK!
28 November 2017 | 3 replies
I guess the answer to your question might be in what are you seeking to do with the funds.
Account Closed
203k loan on Self Directed IRA
2 December 2017 | 4 replies
If your IRA is short of funds for the downpayment, your SDIRA may partner with other self directed IRA's to obtain the necessary funds for the downpayment, closing costs, and reserves necessary to be available to cover operating expenses.Any further questions, you may PM me.
Bob Smith
Complicated taxes - CPA making mistakes
29 November 2017 | 7 replies
We are really good at review - we typically have internal accounting departments at our clients looking at our work and other big 4 firms looking at our work (sometimes the partners in the deal are big pension funds and institutional investors who all seem to use big 4).
Darshan Patel
Will Uncle Sam tax all my gap fund?
29 November 2017 | 2 replies
I am a gap funder to a company I have part ownership, question is how do we go about paying off the gap so I don’t get taxed for my own money, just the profit I make. Is there any form they the company or me that nee...
Simon Stahl
4-Plex or more for inexperienced investor?
28 February 2018 | 9 replies
There are also a lot of ways to acquire and reposition small multifamily properties, where rehab funds are required, utilizing local lender bridge loans or large hard money lenders.
Drake Espenlaub
4th deal in 6 months, am I over leveraged? Poor financing offer?
30 November 2017 | 1 reply
I would forfeit the funds and you retain the property if I don't complete the transaction.
John Murphy
1917 Church in small town and its sitting empty
3 December 2017 | 14 replies
I said "you don't need to write a report, just take a look at this and give me your opinion"Her response was "uh no thank you" and so I have quietly gone about getting opinions from various programs and agencies such as the local Chamber of Commerce and Small Business Development and Community Funding and Development, my realtor, local real estate investors, and various programs and it's been an interesting process.Probably the highest and best use of this piece of property is child care.People are paying $125 per week per child for child care.Eight kids equals $1,000 per week.$1,000 per week is "high wages" for this community.The building is large enough to support a large number of kids.Sixteen kids per week equals $2,000 Twenty four kids per week equals $3,000I can't make $3,000 per week turning this into a duplex.Someone mentioned turning it back into a church and that is a good idea - I like it because it can be done while I'm doing these other things and just have that as additional income!
Del Kelley
What to choose. What to choose!!!
3 December 2017 | 21 replies
Not all of us have a parent that can help us out, not all of us have ready funds.
Jennifer Slaughter
Happiness and the Opportunity of a Lifetime
29 January 2018 | 2 replies
I took their funds and invested it out of state on a flip and made them 100% returns on their money.
Connor Holly
A Way to Protect Your Why
1 December 2017 | 0 replies
A living trust is funded with assets while you are alive and avoids probate while a testamentary trust is created when you die (created by your will) and does not avoid probate.