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Hi everyone, happy Monday. Has anyone had any luck finding a lender who would finance 80% of the PP, out of LLC, based on projected STR income? Or using existing properties as comps? TIA.
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Hey BP,So I started reading the VA Home Lenders handbook since it's kind of required that I know that as being a loan officer and all as well as catering to military families,I found some interesting stuff. I actually...
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Hey everyone, I have a 401k from a previous employer that I was planning on moving into a self directed IRA. I just was wondering if you are allowed to borrow on margin with it? I'm sure every place is different but I...
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Hello all! I currently have 2 single family rentals but am looking to delve in to fix and flipping as a way to supplement or hopefully replace my W2 income. I have 2 questions as it relates to taxes for fix and flippi...
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Hi everyone, this is my first post after reading the forums for quite some time. I've been trying to get into the rental business for a couple years, but I've never been able to get approved for a loan. I'm self emplo...
I've been reading a lot about using a self-directed 401(k) to help with funds for a buy & hold rental property. There are a few things I'm a little confused about. 1.) Everything I'm reading says you can use a "se...
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Hello,
Finally getting around to making my first post. My name is Randy Ferguson. I have been married to my wife, Michelle for almost 25 years. We have two children, a son 22 and a daughter 17. I have been a...
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Hello guys Im new and Ive been reading for a while within 5 hrs. Most of the suggestions here isto join a local network, how do I find them? Im in Fremont, CA but I can drive around bayarea and sanfrancisco
Im self e...
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This is my very first post! I have been reading about Self Directed IRAs as it was a recommendation from a conference I attended (and paid quite a bit for) regarding real estate investing. The way it was described mad...
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I have been reading (scouring) the forum on SDIRA/SDIRA-LLC/SOLO-401K information, and am absolutely confused! And the more I read, the more cautious I am getting!So what is the real deal on these setups? Do I need t...