I am working toward closing on my first duplex I am purchasing with cash from my self directed “checkbook” IRA I set up over the past few weeks. Objective was to diversify some of my stock market exposures. My though...
Starting to get into the real estate investment arena. We currently have a single family unit that used to belong to my wife’s grandparents that we turned into a rental. We finance it through a LLC we setup and got a ...
HiI am new to this forum, and apologies if this question is in the wrong placeBackground -My friends are setting up a Real Estate Fund, they are the real estate experts with proficient experience in Commercial Acquisi...
Hello BP community! First post here. To keep it short, I am going to be purchasing a buy and hold property with a partner in the next few weeks. We verbally agreed that he will buy the house in cash and i will pay for...
I have formed an LLC in Indiana to hold my investment properties. According to the checklist on the IRS website I do not need an EIN. Also, according to my bank website, when I go to set up my company bank account t...
Hi,
I know someone who wants to lend me money from his retirement account.
I have suggested that he set up a self-directed IRA, which could then put his money into an escrow account, where he could basi...
Hello BiggerPockets community , I am a Canadian looking at starting to do some investing in American Real Estate. My biggest drawback however is how do I get paid after the deal is all said and done ? Will the esc...
How do you handle a seller objection when you are discussing a lease option or seller financing when the seller wants to know if you, the investor, can provide a pre-qualified letter to show you can actually afford th...
I'm considering setting up a LLC to invest in real estate with friends. I have a few questions around the operating agreement and will very much appreciate your insights.1. What are the conditions/clauses to leave the...
I have experience with agriculture land and commercial Real Estate and was wondering how many units is a good size for a first timer in multi units to purchase, to get to know how they operate. Whats the minimum door...