Mindy Jensen
I'm looking for someone who has done several 1031 Exchanges
Hello 1031-ers.I'd like to talk to someone who had been through the process as an actual seller taking the profits and deferring the tax bill into the next property.While I love all you 1031 Experts, I'm looking speci...
Daniel Dietz
Yearly Appraisal/Valuation of IRA Assets Needed?
Hello,
I just received a notice from my SDIRA provider that I need to to do a 'yearly valuation' of my SDIRA Assets. I had never heard of this before. I will copy some of the terminology below.
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Bradley Johnson
FHA Loan Triplex/Fourplex
I was recently in escrow to purchase a fourplex via FHA but fell out because the property didn't meet the self sufficiency ratio. The underwriter calculated the self sufficiency ratio by taking 85% of the gross income...
TJ P.
Multiple 401Ks to self-directed or other options
Looking to fund a purchase/s by possibly utilizing funds in 401K and 457. These are from previous employers where I never got around (might be a good thing?) to rolling them into a single account.I will not be able to...
Ram Ranga
Inspection Items - Proceed or Not to Proceed
I am on contract with my first property and just got the inspection report back. This will be my first investment property and I am not sure how to handle all of the suggestions from the inspector. Want to hear from y...
Rafael Perez
Conventional or FHA loan for house hack?
I'm not quite sure how the process goes for applying for an FHA loan but I am familiar with the terms. But I also know a conventional loan with a bank can be another route to take for my first primary residence home. ...
Lauren Anderson
Getting Approved for a Loan
I'm very interested in buying a duplex to rent out. The problem is, I'm worried I won't be able to get a loan. I have very little credit history and my part time job doesn't provide tons of income. However, I know I ...
Cory Adams
Prohibited Transactions and SD 401k
I have a question relating to rehabbing properties purchased with an SD 401k vehicle. My father in law is a GC and has a license. Could the SD 401k hire him to do work on a property owned by the SD 401k with bein...
Dejan Lucic
USDA Loan/Making current home investment property
OK so this is my situation...I live in a non-USDA area currently. Home that I'm looking to get is in the USDA loan eligible area but it's only 13 miles away.Current home is 1900 sq ft. and I pay $1600 P+I+escrow. It's...
Mandeep Randhawa
When doing a 1031 exchange
Can you purchase another rental property first then sell the other rental property later, but in the same year? Or does it have to be sell one then buy one?