Dawn Anastasi
Cashing out a Roth 401k
I have been told all my life in saving into my 401k that you need to save the maximum that you can. So for many, many years I have been saving the absolute maximum allowed by the government every year into the company...
Lisa Eckman
New to Private Lending
I'm new to Private Lending. I've been concerned about how to cover myself in a transaction, but am now asking about if there is anything legally I need to do to be a private money lender. Anything legally required? ...
Geoff Kraemer
Can I rent my 2nd home to myself for business purposes?
I am currently a w2 doctor with a house in town A. I am planning on moving to town B (90 miles away) and becoming a 1099 doctor (town B is now my primary residence). I will still likely be doing an outreach clinic i...
Marysue Connelly
looking for ideas on how to ensure pet waste is cleaned from yard
We have a tenant bringing in a pet and are charging a pet fee. We would like to include a clause in the addendum saying if the dog poo if not picked up from yard a service will be provided at the renters cost. How o...
Jesse Goldstein
STR Non-QM interest rates too high.
Hello all.I am working on refinancing out of a BRRR-STR property I purchased in an LLC since we have multiple owners. Our mortgage broker just quoted us a 6.75% rate on a 30-yr fixed 75% LTV loan. He initially quoted ...
Chase Gibson
Owner Financing - Ethics Question
I have an ethical question related to making an owner financing offer. Here is the offer I am considering making with theoretical numbers to get everyone's feedback on:The owner would like to sell the property for $1...
Arta Montero
What to do if tenant not paying
I have a property in Beaverton, Oregon that was being managed by a property management and had to end contract and at the same time found that tenant is not paying.I have not contacted the tenant yet since we are in p...
Lake I.
Cash Out Refi - Can I do it right away on a good deal?
If I get a home for a STEAL can I refi right away to get, say, 7k which was the down payment? Can I have an appraiser check it out before the bank?
William LaPorte
Opening a self directed IRA to invest in real estate
Hi, looking into investing in real estate using private money. My mother in law has been turned on by the idea of rolling her 401k into a self directed Ira to fund my investments. I've heard this might be illegal? Doe...
Cecil Russell
Can I Lease to Own a house - Lease to a Tenent-Buyer?
Is it legal to enter into a Contract with Seller a Lease with an Option to Purchase and while in that Contract then Lease with an Option to Purchase the same home to a Leasee?