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Anyone have any thoughts on a loan to myself from a Solo 401K plan? As I sit here thinking about creative ways to fund a deal, including hard money, I have come across the idea of a Solo 401K plan and loaning to myse...
Looking to bid in a few days on a Primary Mortgage lien, it appears that there was an COA Lien which was filed with county on 11/22/22. Unclear if the lien has expired, and if surplus funds would go to the COA Acc...
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Hi Folks,Need some advice from those of you who have CPA or mortgage experience or just a lot of experience in REI. Two years ago, I took out a personal loan ($50K) to put with some other funds I had to buy a rental p...
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If i had a solo 401k and invested in a SFH as a investment property.Could you then rent out that SFH by the room(house hack) for better cash flow?is this possible?
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Can I use money from an IRA or Roth to purchase a rental property?
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Greetings!! I am brand new...literally a week into this game and I came across my first snag. I am an independent contractor and I am only 3 months in but within the same previous industry that I have been in for 10 ...
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We are looking at buying a park model home and land. We want to finance it, but the lenders like 21st mortgage will not loan if it’s an LLC. We are wondering how we can finance a mobile home + land but have it under a...
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Hello BPers!Quick question. Looking to purchase our first property by April/May of this year. Assuming it's bet to make sure that funds for REI don't co-mingle with private funds from the get go, but I also feel it's ...
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Top of the afternoon BP family,
I’m a newbie who recently came across a formula on how to budget for CAPEX. It says that I should take the cost of the repair and divide it by how many years it will last and divide t...
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Have some funds in a self directed IRA already that I plan to purchase property with, let's call this IRA$. With personal cash - MY$. I intend to purchase property below market value, in cash (cash only auctions). Us...