Marnica Jeanpierre
Looking for advice
Hi everyone , I purchased two homes cash last year, and the homes need full rehabs. I do not have the funds to complete the rehabs , and all the lenders I’ve researched will not fund the rehab money. They are only wil...
Adaze Foltz
Share your thoughts
In your opinion, what are the benefits and risks of private money lending compared to traditional financing?
Sameer Jain
Investing through self directed IRA
Hi I have some funds in my self directed Roth IRA . I am not sure if I pull funds from my account try to do a BRRRR strategy using Roth IRA funds . Is it permissible ? I plan to pay the self directed account loan onc...
Henry Le
Transferring money into a LLC
Hi everyone! I've been a long time lurker and first time poster. This question has been on my mind lately and I hope someone can help clear things up.
Let's say I have a LLC established and I want to transf...
Cliff T.
Using Solo 401k to do hard money / private lending
Hi all,I am hoping to get into the world of hard money / private lending using my Solo 401k and had a few questions.1. I have approx. $120k in my Solo 401k but the deal that I am planning to fund needs about $180k. Is...
Sean Dougherty
SHORT SALE in PROBATE
I am in negotiations with a personal representative of an estate to purchase a home owned by the estate. It would be a short sale.I know standard policy of a short sale is that seller cannot be allotted any funds by s...
Ryan Morlino
How to structure bank accounts and business vs. personal
My wife and I are in the process of filing for an LLC through an attorney before we start our rental business in a few months. I have some questions about how I should structure my bank accounts and which need to be ...
Ben Smith
Self Directed 401k/IRA Intricacies
Hello All,I've almost been getting more and more confused the deeper I go into the self directed Solo 401k/IRA information.I have 3 accounts from my past employment that include a 401k, a Safe Harbor IRA, and money in...
Daniel Tisdale
BHG Financial Review
Hi,I have received an offer from BHG Financial for a loan of $155K with around a 15% interest rate to be paid back over 10 years. This would not be reported to my personal credit and I am looking at using the funds to...
Leah LaRue
Should we take out a mortgage on this home?
Hello, my sister/partner and I are brand new to this game. We jumped in head first and purchased our first rental property, a duplex, in February 2018 and our second, a SFH in April 2018. Both homes were paid for in c...