Is it illegal for two friends to do private money loans thru a self directed IRA? For example I loan him 100k with 10% interest and he in turn does the same for me.
If you have a personal homeloan (ignoring IP's for now) are you pumping every spare dollar into reducing that debt, or are you putting some of it into other investments (e.g. managed funds etc) as retrement savings?
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Anyone have some insight on exactly what this option is & the benefits it has?
Hello everyone. So I'm looking at a town home 2/1, 975 sq ft, central air, 1 level end unit in Connecticut for 59K. I put in an offer today for 50K. I have an interesting situation here and hope some of you can give a...
I am looking to purchase a multi-family home in Q1 2018. One strategy to accomplish this goal is to purchase a duplex along with my parents. The duplex would not be an investment property for them as they would use on...
I am in real estate investing with a LLC already established. Our primary resident is in need of refinancing. For those being in real estate for so long , are there any benefits tax wise (Obviously my local CPA is loo...
I left my 9 to 5 and think it is time to rollover my retirement from my previous employers to a self direct IRA to help with my real estate journey. Do you have any advised on what to look for when selecting the right...
Trying my darnedest to get my first deal under my belt. I have a friend who is moving in 2-3 months and wanting to sell their home. I want to "buy" it and start taking in some monthly income. I don't have a lot of mon...
Good afternoon Everyone, I’m a new wholesaler and my market is Norfolk, Virginia. Can you guys give me some advise on how to organize a business and what essential entities do I need in my team in order to succeed? Th...
An interest rate cap is essentially an insurance policy on a floating interest rate loan.This caps/limits the maximum interest expense exposure for a borrower using a floating-rate loan.Lenders also benefit as they ca...