I am using my SD IRA and need to create a Promissory Note secured against Real Estate. Does anyone have any resources or examples of such a note for Texas? The custodian also ask for a Mortgage, HUD/Settlement State...
I wanted to ask you guys the best way to go about approaching to make an offer.I work in retail and every time this one customer comes in we always chat about real estate and other financial endeavors. Last time he ca...
I am a real estate broker. I want to buy an apartment complex with an old 401k by converting it to a self directed and leveraging debt. I understand I cannot draw on the fund and the gains have to be reinvested. ...
I have a For Sale By Owner house under contract. The closing deadline is February 29th, which is this Monday. I received a text this morning saying: "After a lot of thought and discussion the past few days, my husban...
Hello Everyone! I am looking for some advice regarding the 1099 / 1099-NEC tax forms and whether or not I must issue these to contractors for my specific rental property. I currently own just one property (a duplex) a...
I bought a house recently in Frederick Maryland and I'm curious what kind of work this entails. I've had roommates before when renting so i'm familiar with that process. I'm more wondering about the taxes, fees, esc...
Hi,
I'm newbie investor looking to get my first deal and I need some help evaluating a property. I am a long time reader of the site, so I'm aware of the 50% rule. However, I haven't found much on evaluating townhous...
Hello all, I'm so in need of advice on wholesaling raw land. I trying to figure out how to protect my interest while trying to gather a survey, an appraisal and a cma so I can determine a sale price all before I can w...
I am a relatively new landlord (1.5 years) and encountering my first major issue. I bought a duplex January 2021. The first floor unit had oil heat and I wanted to change it to gas. There was nothing wrong with the he...
This summer I bought 2 rental properties cash, which are all rented and earning a good amount of income. I am now tapped out cash wise and would like to finance an additional rental property. A LO told me that becaus...