Hi BP. I'm interested in learning about purchasing property with a self directed IRA. I have a 401k from an old job that is sitting, growing slowly. If I can learn how and it makes sense I'd like to use that money to ...
would it be legal to require applicants make at least 4X the rent monthly to be considered?ie rent is 1000 so must document that income is at least 4000 every month?also how could it be made legal, if possible somehow...
Hello everyone! My partners and I closed on our first deal in Chester, PA and I have been fortunate enough to be in control of the accounting. We have decided to use Stessa and it seems simple, but I do have a couple ...
My wife and I share a mortgage for our primary home. We both pay half . How does our shared mortgage effect my individual debt-to-income ratio? Do lenders take into account that I'm paying half of the loan amount?
Hello all. I am new to flipping and I am nearing the completion of remodeling my first property. After this property my hope is to do 2 or 3 property remodel and flips within a single year. I'm an engineer by train...
Hi Everyone!
I am so glad to have found this website! Its great to see all the discussions and strategies used by successful investors :)
I am an software engineer by the day and dabble with real estate in the night...
If you had a choice to use money from a Roth SDIRA or money from a taxable account, what would you use? Do the tax benefits of using taxable money out way the advantages of tax free income with a Roth SDIRA?
I have a potential tenant who is a CEO of a small company so he has high income but I found 6 collections account when check his credit report. Many of the collection account has a small balance. He could easily pay o...
I am thinking about setting up a SDIRA with a company called the IRA Financial Group (http://www.irafinancialgroup.com) . Has anyone ever dealt with them before? I have a modest some of money sitting in various IRA...
Looking for suggestions for a good accounting/bookkeeping software for rental properties. I currently own and self-manage 9 units. I've heard many folks use quickbooks, but it isn't particularly tailored for investm...