Donald Torrence
Private Lending vs Hard Money
Here is a problem that I am having with people who are saying they are private lenders. You will hear them say that it’s all hard money. They say this because of the interest rates. Little do these people who say they...
John Johnson
How do you use investor money
Hello all I am new to real estate investing and I have a question . It's probably better to give a scenario first. Let's say I compile $500,000 of investor capital to begin flipping and wholesaling. I buy one ho...
Grant Anderson
Investor wants to Invest
Hi Everyone,A family member wants to invest money with me on a flip property. The only thing is he has only cash to invest, he does not trust banks. Is there anything I have to worry about if accepting cash? It will b...
Bryan L.
Transferring funds between your businesses?
I am considering transferring funds between one profitable S Corp into an LLC for the purpose of purchasing a property. Is it better to transfer the money to my personal account as a share holder distribution and the...
Tieneasha Bastian
Understanding the process
Okay so we purchased a property under LLC with a hard money lender and I'm just trying to get an idea and have a clear plan for when it's time to pay the hard money lender back we thought that we would owner occupy th...
Samuel Lynch
Transfer Roth IRA to a SDIRA?
Does anyone know how or if it is possible to transfer a Roth IRA to a SDIRA? If so, who would you recommend using for this type of service?Doing so would align more with my goals and values. When I began the Roth IRA,...
Austin Klesmitk
Keep cash or pay down mortgage
I currently have a mortgage on my personal property at 3.4% interest with around 100k in equity. I have around 30k saved at the moment and I am looking for a single family home to turn into my first rental. My quest...
David Pulido
Referral Fees Inquiry
Howdy,New to RE Investing: I am curious to know how much can one earn if one refers a money lender to a full-time house filpper. The money lender gets his percentage from lending the money at his rate. The borrower, o...
Jason W.
Hard Money and Dodd Frank
Hi All – I know another DF question. I looked and cannot find a thread with this questions. So please have some patience and provide what you know about the following strategy. I'm considering the hard money lending b...
Ted S.
Budgeting rental income and job income
My question is I work full-time and our own properties. Having a difficulty separating the money. I wanted to bank my full-time job income and live by my rental income. Does anyone have a way of tracking all your exp...