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Results (1561)
Bill Nolan Equity Trust Company
3 June 2020 | 62 replies

I am looking to get into REI and have six figures in retirement accounts to potentially obtain multi family in Chicago market.

Friend / Mentor uses Equity Trust Company to purchase and hold real estate in IRA throug...

Craig Kleffman California 4 Unit - Epitome of CA Excess?
8 March 2017 | 20 replies

I thought I'd share this report I just generated.  The report is here, incidentally: https://drive.google.com/open?id=0B5YbSRYrt3Q8WXN1...We're looking at, among other things, opportunities in Orange County for tripl...

Philip Johnson Loan says I got 48 "Debt to income" ratio, what he talking about?
10 April 2019 | 76 replies

Hi,I have 5 flip-to-rent properties, and i have a day job as well ... I just refinanced a property and my loan officer said I have a "high debt to income ratio of 48" What does that mean? How do I get this down? I am ...

Michael Mastantuono taxes due to selling a house you flip
12 September 2022 | 25 replies

I am constantly warned about tax penalties due to selling a house you flip. I created an LLC that I'm going to use to invest in and flip houses. I was under the impression that only the money taken out as a draw would...

George Glessner LLC Structure and Insurance
21 May 2021 | 21 replies

Hi All! I am in the process of creating my first LLC with a lawyer. I am planning on buying my first property this summer through this LLC. It will be a single member LLC. I will have a separate bank account for the L...

Curt Smith filing taxes on a note that I foreclosed on AND got the property back a low FMV.
30 January 2024 | 13 replies

I did search BP on this topic.  Apologies if I missed a thread!   I am almost an expert in RE taxes and self file.  Just currious re any unforeseen issues with foreclosing the note AND getting the property back with F...

Shawn Q. Set for Life question: using Roth as savings location
22 December 2017 | 16 replies

I just finished @Scott Trench's Set for Life (as you can no doubt tell from how often I reference it) and I had a thought/question I'd like to put to everyone. What do you think about using a Roth IRA as a component o...

Maura Paler Conventional Loan - Apply to 2 Banks?
5 February 2015 | 15 replies

We are in contract for a single family investment property (vacation rental). This is our 4th VR investment property, will be our 3rd mortgage. We have been pre-approved by one bank (which is no guarantee of a loan we...

Jade Wong Section 8 tenant's lease is up, can I not renew the lease?
2 February 2023 | 30 replies

My section 8 tenant is a c-tenant, always pays rent late or failure to pay for a couple of months. His lease expired last November and I haven't renewed it because I've been thinking if I should. Here're my questions:...