Hi all,I am considering doing a small private lending which would provide me a 1st position note on a property. Closing is expected in 3 weeks.I'd love to be able to service the node using my IRA money, however it is ...
I have saved up a solid nest egg of cash that I am looking to get invested into real estate due to the many benefits that Real Estate provides like depreciation for taxes, mortgage pay down with cash flow, etc. I am n...
On my journey to reach my goal of purchasing my first big apartment building over 4 units. Currently I own a hand full of single family homes and some multiplexes up to 4 units. 1031 exchanging out of them to get in...
I just got an strange idea. Is it possible to buy notes directly from regional banks? And, do they generally sell notes at a discount? My thought was, wouldn't it be interesting to get a loan from a bank as an inve...
Hi BP Members, I'm just about to send out letters to my first Probate list. I appreciate some comments on the following questions regarding probates:-Is it a requirement (or even a recommendation) to put a return addr...
Hi Everyone.My name is Mike and I live in Evanston, IL. I’m interested in the buy and hold strategy and would do so while keeping my full time job. My wife and I live in a single family in Evanston and we have a sin...
I have a potential partner and this is what we are thinking. Each of us roll traditional IRA's of the same amount of money (say $100K) into new SDIRA's. Each of us also set up new LLC's. My SDIRA lends his LLC $100...
Is BRRRR investing one of the prohibited transactions in a self directed 401k?
I'm in the process of converting a 401k into a SDIRA and was wondering if any fellow BPer's would care to share what has worked or not worked for them using this investment approach. Is it best to purchase individual...
Hi all - Any suggestions on platforms/systems to collect rent, manage finances, and potentially find tenants? The first two criteria are most important.I will be self managing 2 single family homes within 10 minutes o...