I’ve read the CARES ACT special rules for retirement funds (ex: 401k/IRA). Allows Coronavirus related distributions up to $100k. Is there too much risk (ex: legal implications) in taking this option? There is a repaym...
What kind of things do you guys look for when first checking out a rental property, aside from the obvious roof, windows, furnace, big ticket items. Are there things that you specifically like to check out when going ...
Hello, I’m hoping to buy my first property next year, and am wondering if I should create an LLC to do so. The reason is I want to separate my personal debt to income ratio from my real estate investing “business” and...
As I continue researching the world of real estate investing and with the IRS April 15th date still fresh, I thought I would share this great article by Raleigh-Durham CPA, Kevin Bassett, who specializes in real estat...
Hello Fellow Investors, I am looking for some guidance, I am building a proposal to present to investors. But I am curious from people who have some experience or have partnered with others who provided the capital ho...
I am in Reston, I need help making sure that I take everything possible to reduce the risks, in REI. I have a lot of books on the topic, attended a couple of clubs, but my significant other is not on board. I feel thi...
Hi There,
let say that a property is being sold at 1M. Seller has 300k in equity rest is on a fannie mae loan. Instead of me giving a down payment, seller will finance the 300K in 5 years and we want to structure t...
Hello,I am interested in starting a Section 8 investment portfolio. As a result of the recent news about tenant problems, I am unsure what insurance to purchase or if it is even worth it starting at all. Would anyone ...
Hello,
My partner and I are building our first ground up single family home in Horseshoe Bay. We have purchased the land and have signed a contract with a builder. The house is a two bed, two bath, and is 1,490 sqft....
We have an LLC in which I and my partner have 50/50 ownership. We are applying for a blanket loan which will refi 9 single family homes. My partner's credit has some dings on it and is fairly low. The lender is saying...