Adam Aschoff
Should I take out 401k to use in real estate?
With now being able to take out money penalty free from a 401k and where the market is currently, would taking the money out now and saving it for investing in real estate be a smarter move long term? Especially with ...
Stetson T. Stallworth
Low Down Payment Option?
Hello all!I just purchased my first fourplex and I've learned a TON! We've set up an awesome little pipeline where we already want to go get a second!THE ONLY PROBLEM...My partner and I just don't have the capital to ...
Carl Cheung
Build primary residence and using section for STR
Hi, wanted to see if anyone has done this and what I have/haven't thought of yet. I'm in a HCOL (Seattle) area and looking to build my "final" home.I was thinking of building a home and have part of the walk out basem...
Tony Valdivia
Alternatives to Hard Money Lenders
I have currently been using hard money lenders for most of my deals, but am looking for a cheaper source of funds. I operate in the Houston area (with properties in Katy and Richmond) and in the San Antonio area. Th...
GR Pachmayr
Quitclaim to LLC
I am getting close to closing a deal on a duplex. When I approached the lender I am using, I indicated that I wanted the loan through my LLC, he said that I could just quitclaim it to the LLC after it closed and the ...
Mandela Muhammad
Personal experience with property managers, what a horror story?
Every where you read property managers charge you 10 percent of the rents to manage a propterty for you. What they don't tell you is: 1) That's ten percent before expenses get taken out.2) Sure they manage the propert...
Ryan Gartley
$115,000 Invest in one deal or multiple deals?
I have access to $115,000 through cash-out refinance i'm working on now, a HELOC, and my IRA. Would it make more sense to look for one bigger deal or smaller multiple deals with this money. My goal is buy and hold for...
Daniel Dietz
Income fluctuations / DTI / Qualifiing for Conventional FHA?
Hello All,So far I have been buying rentals with my self directed IRA, but would also like to do some with conventional 30 years fixed financing before rates get too high. When I looked into it this year, even though ...
Adam Johnson
Self-Directed Loan Legalities
A friend of mine and I plan on rolling over old 401k's into self-directed IRA's. We then plan to loan each other money, and use that money to flip houses.So, I loan 80k to him, he loans 80k to me....we have 160k to bu...
Nick B.
How to convert traditional IRA to Roth and pay very little taxes
I have recently heard of an interesting tax-saving strategy of how to convert traditional IRA to Roth while paying very little in taxes. I would like to share it and get some feedback.
In this example I'll use a trad...