Matt Thornton
New Investor Need Advice on Credit Card Debt
Good afternoon and happy President's Day! I am a new investor and I've gotten myself stuck in the mud, so I am looking for advice from some of you wonderful folks. Context of my story/situation (please forgive the l...
Hunter Hessian
Out of state investing in Minnesota
Does anyone have advice, experience and/or success with out of state investing in Minnesota? I live in Montana and geographically, it seems like one of the only options for investing that is within one flight away fro...
Pat L.
Interesting Scenario
Our 401(k) solo holds a 50% 1st position note on an investors rental SFH.
We are taking it back DIL for mtg arrears. With a little rehab it will sell for a good $25-$30k above the balance owed.
My TAX i...
Daniel Walkowiak
can you short sale a home if the owner passed without probate?
I am new to wholesaling and went to one of the houses on my pre foreclosure list and found out the owner of the home had passed and it was currently her son living there after going through the house and looking at re...
John Grinston
New construction multifamily advice
Hi BP, I'm looking for advice on a VA new construction loan. I'm 32 years old and currently live in the property I purchased using a VA loan in 2018 here in Hampton Roads Virginia .I would now like to purchase a mult...
Mick Hofmann
Regulating Airbnbs in AZ
https://www.azcentral.com/story/news/local/scottsdale/2023/0...AI Summary Here for those who don't want to read the article: Local governments in Arizona are advocating for increased regulation of the short-term renta...
Frank M.
Self Directed IRA Tax reporting?
For my current rental property, I file a Schedule E each year. And I have to track all expenses and income to do so.
Once I set up and fund an SDIRA via transfer from a regular IRA, what are the reporting req...
Kenny Wolfenberger
Commingling Funds - is it legal?
At a recent real estate seminar I attended the presenter said that it is illegal to commingle funds from different private lenders to purchase a property. The example he used was borrowing money from 2 relatives (5...
Larry Russell
Need refinancing options
I've recently purchased a condo with all cash and looking for refinance options. The condo is in my business name which creates an additional complexity to the situation. Can anyone recommend a commercial bank th...
Matt Scinto
I found a property that beats the 1% rule
Hello everyone,I've been quietly absorbing the wealth of knowledge shared in this forum only commenting here and there and I'm now hoping to engage with this community directly. I've found a property that seems to be ...