Question: If you found a phenemonal cash flowing deal but are not willing to dive into personal funds to finance it could you take a direct deposit loan out and than pay it off immediately with 0% interest credit card...
Investment Info:
Condo buy & hold investment.
Purchase price: $290,000
Cash invested: $58,000
2 bed/2 bath condo in great location - walking distance to so much
What made you interested...
Hello! I am opening a checking account for my LLC. (Actually, with Solera bank of CO, which I found through this website!) The bank has asked for a notarized copy of two id’s, along with the Operating agreement and Ar...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $140,000
Cash invested: $35,000
My first property started with a BRRRR in a great location. This fixer upper was un...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $55,000
Cash invested: $15,000
Sale price: $105,000
We found this property on Zillow cash only sale, with demo ...
Hello, I just got started with PML with one of my retirement accounts. I was wondering where folks who partake in this business hold their capital when it isn't loaned out? I would assume a high yield savings might ...
Hi there!I'm the process of rolling over my 401(k) to a SDIRA for the purpose of Real Estate Investment. I have been reading about the rules and processes of having a rental under SDIRA. It seems so complicated, but d...
I know there are a number of threads on this topic, but none that I've found addressed my specific question / dilemma. I already have an established SDIRA, and have done a few investments through my current Custodian ...
HelloI currently hold 4 properties outright in an LLC partnership that I formed last year with another investor. The properties are all rented and are showing income this year. I will acquire another 6 properties to t...
I'm about to invest in my first real estate deal. I'll eventually consult with a CPA on tax issues, but thinking ahead about tax issues. I'll invest with my personal funds but will be creating an LLC as a limited part...