I am in the process of figuring out the pros and cons of IRA LLC versus Solo 401K versus SDIRA to lend funds out of, for a short term real estate project. Can someone provide insights or resources?Thanks,Ritu
So my standard property insurance has 300k liability. For 55 more per year I can get up to 1m. Is this the way to go? At this point we have not done an LLC, and we are unable to get any sort of umbrella insuranc...
Investment Info:
Single-family residence private money loan investment in Garden City.
Cash invested: $52,000
This is the second time I've acted as a PML; the connection was made on Facebook of all place...
Hello all,I will have a line of credit of 800k at 2% interest only payments. I would like to be as leveraged as possible.Is it possible to purchase investment properties with 20% down (800k buys 4MM of investment prop...
I’m a beginner - haven’t even bought my first rental property yet. My ultimate goal is to buy or build my own neighborhood of rental properties. When I start out, should I get a personal loan or start an LLC?
Hello - My husband and I have a second home loan in Georgia (we live in OK) - how far does a vacation home need to be from other vacation home properties? Correct me if I am wrong, but I believe there is a distance re...
Thankyou for taking the time to read this post. I am new to REI and am looking to purchase my first property ( a multiplex that I plan to house hack ). I am curious as to which way of purchasing the property would be...
Hi there! I was wondering whether rookies (like myself) decide to buy their first property with an LLC. From my research, it looks like getting financing is more difficult under an LLC vs a personal loan. My worry is ...
I have a car I just brought unrelated to my very first LLC I have recently created. I haven’t even registered the car. However I am thinking, obtaining an asset under my LLC is a great kick start. Although it’s fairly...
What are the steps for e relative new investor for obtaining commercial loan in the future? What can I do today in order to set good foundations to be able to go after an apartment building in the future, and how long...