Bernie Tobin
When to pay off home equity loans...?
After spending a ton of time on this site and listening to a bunch of podcasts, I am finally taking action. I've got a partner with experience in rehab/holding/flipping and today I began the process of getting a home...
Johnny G
Other Income or not?
I own, and am listed as general manager of an LLC. I am the only member. I deposited personal funds in the LLC account. I used the account to fund the purchase of houses at foreclosure by a third party which then...
Pete Schmidt
How to comp an unusual property
How would one go about establishing the value of an abnormal property? Being new to this scene im not sure how anyone would go about coming up with the value of it. Last year I purchased this 1 acre with a 2000 sqft...
Dustin Lyle
Becoming a personal hard money lender?
I was just pondering my ability to become a personal hard money lender, and what might be required of me? Now Im not trying to Become a PML investor for another person's company, or use my Self directed IRA... Simply ...
Account Closed
Husband and Wife each have their own SDIRA
I've already contacted 2 custodians on this matter and one says it's ok and the other says contact a CPA or lawyer. I've reached out to both but figured I'd ask here too. I know it's a confusing subject so I'll try t...
Matthew Kresky
Short Term Rental in Fayetteville, NC "The Birds Nest"
Investment Info:
Single-family residence buy & hold investment in Fayetteville.
Purchase price: $100,500
Cash invested: $30,000
Buy and hold property purchased and converted in to a beautiful sho...
Jesse Dickens
Using a HELOC to start investing and velocity banking
I am a new investor from Denver looking for my first deal (probably out of state). I don't have much in the way of personal funds to start investing, but I probably have around 75k available if I were to take out a HE...
Charmaine Holden
Bank Loans for funding RE rentals
I recently got pre-approved for a conventional bank loan to purchase my 1st REI property . I was limited to the cost amount on a property I can purchase from their assessment from my financial history. However, for my...
Trey Williams
Can a different name be on the escrow deposit?
Easy question:If I am putting an LLC in my offer to purchase a home, does my escrow deposit checks have to match my LLC name? Or can I pay the escrow deposit with my own as well? The reason is because I haven’t set u...
Ryan Martin
First Property Multi Family Deal
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Petawawa.
Purchase price: $240,000
Cash invested: $23,000
Small multi-family with a down stairs apartment (granny suite)
...