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My husband and I found a waterfront auction property that we purchased for vacation home/ possible short term rental. We purchased for 135,000.00 with a 10% buyers premium( SEV 79,900) We need to pay for within 30 d...
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Armed and dangerous with knowledge from weekend realestate siminar...looking for experience, advice and "costly education" points out there. Is this the only feasible route to utilize retirement savings?
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I hope I'm explaining this correctly. I have investments in elder care and memory care homes. The money came from a self directed IRA and self directed 401k. I'm earning interest on these investments and it's start...
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Hey all,Just got a foreclosure property offer accepted. My numbers check out for a BRRR but I do have some questions on my downpayment for the Hard Money Loan (HML). I have a partner whose self directed IRA we want to...
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All,
I bought a house that has had cats living in it for a while with no owner. I was told about 25 cats. so you can imagine what the house looks and smells like.
the entire house has ceramic tile. I assume t...
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Hello Everyone,Me and my team of International Investors....Just kidding, been listening to BiggerPockets podcast, couldn't resist.Anyway, here is my finances laid out, if you were me how would you proceed? Currently,...
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I was "traded" last year to a subsidiary of my long-time employer and that subsidiary is now an independent company.When signing up for benefits this week, I noticed something unusual about their 401k offering. They c...
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I'm considering owner financing in order to sell a rehab. I've read some threads on here but I've never used OF. So I'm looking for some BP advice:
Sales Price-$67,000
Down Pmt-$15,000
OF Loan-$52,000
Interest Rate-...
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I am curious about setting up a 401k under my LLC. Is it worth the time, money, tax advantage, etc to set one up. If so which makes more sense a Sep or a Solo 401k. Would it make more sense under an S-Corp, C-Corp etc...
Hello, I'm looking for a reliable custodian to roll my company-sponsored 401k into a self-directed IRA. I'm looking to purchase rental properties to supplement my soon-to-be retirement. Also, I'm looking for any infor...