Minh Le
Too good to be true?
Hi all,A realtor/investor reached out looking for $12k to help fund a deal and promised a net return of $24k to be paid 60 days after the property has been rehabbed and listed for sale. We have since defined the listi...
Brian Knier
Self Directed IRA for Down Payment for Rental Property
So I'm trying to get myself up to speed on the requirements and details for SDIRA funding for real estate investments. If I were to use personal SDIRA funds for a 20% down payment on a buy and hold rental property and...
Kiril Nikolaev
My Second Deal - Turnkey 2 Units
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $305,000
Cash invested: $70,000
This is in Ontario Canada. Not in the U.S.
Turn-key property with 2 units. V...
Daniel Goerner
My First House Hack/Investment Property
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $148,000
Cash invested: $11,000
Duplex, value add house hack
What made you interested in investing ...
Jorge Felton
Mazatlan Vacation Rental Condo
Investment Info:
Condo other investment in Santa Fe.
Cash invested: $65,000
Vacation Rental unit in Mazatlan´s historical district.
2 Bedroom, 1 Bath, Kitchen, living/dining, laundry and outdoor terrace....
Daron Williams
Do i need an EIN just starting out
So for the last 3 months i have been Investing in buying tax resale (stuck off) and wholesaling in texas.. i have purchased 2 lots that i have listed on the MLS and now i have my secoñd contract to go in escrow with b...
Natalie Lund
SDIRA - Can I pay off the note with non-SDIRA funds?
I have a $50k balloon note at 5% interest in my Self Directed IRA. My property is barely cash-flowing and the note goes to 9% in December 2019. I need to keep the property because it is upside down (sidenote: thanks...
Rick Cardenas
Wholesale Via LLC
Hi Everyone,
This topic is regarding REO's listed on the MLS.
I have read a few different strategies on here and really like the option of wholesaling via LLC. This will allow you to write your offer in the LLC's na...
Greg Wilson
Start up expenses and Quickbooks - Please help.
Good Evening my fellow Comrades, I have a few questions I hope someone can help me with. I purchased a buy and hold rental property last year (2019) and have just completed a complete rehab of the property. I spent $1...
Rachel May Bailey
Can you buy a performing mortgage note with a HELOC?
Question: If you can use HELOC funds to buy rentals for your business, can you buy a mortgage note the same way?What I have heard in the networking scene: Investors are using HELOCs from their personal residence to ha...