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BP!I'm currently working on a seller finance deal in Angleton, TX. I was able to get the owners to agree to my terms, which is so exciting! Now I'm at the point where I'm looking to for rehab funds. The plan is to us...
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My wife and I each have ~$100K in our Roth IRAs and we would like to explore individually buying turn key investment properties using a self-directed IRA; however, although I've read quite a bit about this investment ...
I’m looking into buying a 5 unit complex. I will be partnering with 2 other people in a LLC.what factors go into securing a loan for such property? Does individual credit and financial records matter? Or can we get a...
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I've heard many people talk about using a HELOC to help fund properties. Although this sounds great, I'm wondering about how to use a HELOC (on a primary residence) to fund the down payment for a property held by my ...
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Hi BP!I am looking at some deals in my hometown in Ohio and these being my first deals in this area after having success in other areas my family is looking to be more involved.1) My parents would like to invest in so...
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I am hoping there is an accountant that would be able to assist me with my question because I have hit a roadblock. A couple of years ago I created a Solo 401K account using funds from a frozen pension which was rolle...
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Hey everyone! Does anyone know if you can use 401k funds to purchase investment properties and do you recommend it?
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I just got done with the process of setting up, and rolling over funds into, a solo 401k plan for both me and my wife. My original intent was to have the funds available for us to do a personal 401k loan to ourselves...
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I've been reading a lot about purchasing RE with self-directed IRAs. This topic intrigues me, but I'm concerned about all of the restrictions, particularly regarding prohibited transactions and disqualified person...
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If I have a self-directed IRA, can I loan a LLC money to fund a fix and flip? I am a 30% shareholder and I was reading that because of my equity percentage, my LLC is a qualified person/entity for this transaction.