I own a tri-plex with a partner 50/50. i plan to sell her my half interest for the debt plus 100K with no cash changing hands. I will then sell a property owned by my 401K. With those funds I will purchase the prop...
Hello all,I've been listening to the bp podcast for about 2 years now, essentially just for entertainment and an understanding of REI. However, recently Ive decided to try and take more actionable steps to get involve...
Hello,I want to know the exact process (in terms of what paperwork needs to be filled out) for buying a property directly from the seller.Any help would be greatly appreciated!Thanks,Angelo
I'm considering two options for my property and would appreciate some advice:
Cash-Out Refinance and Then Sell: Cash-out refinance to access some of the equity, then sell the property to get the remaining equity.Sell...
Quick question I'm hoping someone can answer for me. I have an elderly family member that would like to give me some real estate. She absolutely does not want to put this in her will for her personal reasons. She w...
Hello All,Real estate is amazing! it makes me learn every day. I have a question about buying a house without an agent. Objective to save the costs, active learning, treating it like a business... Scenario: I like a ...
Is it ok for me to partner with my Solo 401k on wholesale deals? I'm thinking that I'd set up a general partnership with me as the General Partner and the 401k as the other partner. We would be 50/50 owners.
I transferred 25k from my SEP IRA to a self directed IRA, read Lonnie's book and decided this was the best way to invest that money. Have many people on here used their IRA for this purpose, and if so, what advice c...
I've been meeting with a property owner who wants to sell and would like to do a cash deal. Based on a back of the napkin calculation of the possible selling price and monthly costs, etc, the property would cash-flow...
I think this would essentially be an FSBO.Is there a reason this would be a bad idea? I am working with someone that is an agent but also owns a property they contacted me about selling. I own several rentals, but h...