Curt Bixel
Self Directed IRA, Private Lending, and Flipping
I am in the process of setting up a Self Directed IRA. My goal is to use my Roth IRA to lend funds to an organization that primarily flips homes. While reading through the documentation of the company helping me to ...
Jason Etheridge
Putting multi-fam property in business name while holding a loan
I am under contract on a 4 unit. What is the process of flipping the property into a business name for write offs and tax purposes? I’m told if you quit claim the property to a business name for write offs and protect...
Account Closed
Refinancing a Fix and flip as a personal home
Hi,I'm planning to buy a 3BD/1.5 BA house (cash) and using 0 % apr credit cards for a year to finance the rehab costs. After the rehab is done, I would rent the other 2 rooms which gives me plenty of cash flow to pay ...
Ally Kumar
Allow short sale owner to stay for 2 weeks after close?
I am purchasing a short sale property/small house. We are closing in 10 days but apparently owner didn't get notified that they have to be out soon. They are asking if they can stay for 2 weeks after close and pay me ...
Matt Lanza
Home equity as down payment
Hello all,When or when not is this a good idea. I know I do not want our savings to take such a hit.Thanks in advance.
Arin H.
Analysis for Good Buy (Duplex, House Hacking) in AZ
Property: $145k - Duplex (50% occupancy right now) (Zillow)Rent: Found the ad for unoccupied rental at $550/unit so expected income of $1100 per month (Link to Ad)Costs: Estimated from FHA scenario (at asking price, c...
Eric Burgh
Pre-foreclosure offer and legal end
Hi All, I've been casually browsing this site for a few years and first time posting here. I have some real estate experience but still a beginner as far as I'm concerned. I'm also pretty handy but by no means a con...
Briana Nasman
Business/LLC and property sale structure
Hi!
I have a business that leases a property that I own in an LLC. I have someone wanting to buy the property and continue the business. They want to do 100k down and then have me finance the rest for a couple years....
Lori Martinez
Sellers of Commercial Property Want Me to Buy LLC. Need advice...
Hello,I am looking for some advice. I entered into a purchase agreement (with 3-4 extensions) to buy a commercial property from an LLC (a married couple and another individual as sellers). The current extension ends i...
Larry Simmons Jr
Assigning Multifamily
Greetings All.
I had a quick question in regards to these multifamily deals that I get. Some of them have so much spread, I hate to pass on them for a smaller referral when an opportunity arrives. What are th...