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So my wife is on board with using rental properties as a way for us to achieve financial freedom, and a year ago we bought our first duplex. But I'm having some trouble getting her to understand some of the expenses i...
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Hi all!We are new to real estate investing. Currently we have a home improvement/remodeling company, so the construction piece we have including many sub crews. We are looking to add flipping houses and have been divi...
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I am looking at moving some of my Roth money into a SDIRA to buy a SFR for rental purposes. I understand that I cannot pay myself sweat equity, but was wondering if I could be paid for other items:
Commissio...
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I currently own my home and I intend to do some light rehab and upgrade then move out and rent out the house. I have only recently formed my LLC and I want to be sure I keep my business finances separate from my perso...
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In your opinion, what are the benefits and risks of private money lending compared to traditional financing?
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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...
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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...
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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...
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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 ...
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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...