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...
Hello BP,Because of the rules, it is not possible for the owner of a Self Directed IRA to loan money to their LLC's. It would be considered a prohibited transaction.My solution is to find other investors with a Self ...
I assigned my PSA to another wholesaler, can he speak with the seller directly, without ripping me off of my fee? or do I still need to be involved
Im 30% owner of a 5 unit commercial building. My partner has a business within the building. Should he pay rent or no? Considering theres no cash flow if he doesnt pay. How do i benefit?
Here are the homes in question:My Home - 3 bd/2 ba SFH, ARV approx. 75-90k, no mortgage, tax lien of 61kMom's Home - 3 bd/1.5 ba SFH, ARV approx. 110-130k, 40k remaining on mortgage, no liensHere's my problem: I own a...
Hi Folks!
My partner and I recently purchased a large duplex (5beds, 3baths per unit), and we were thinking that it would be a great property for rent by the room, or a high income tenant.
However, we were surpris...
This is only my second post on the forum, as such, if I posted in the wrong section, please let me know. I have both a private and a conventional investor. Here is my current arrangement: Local bank for 80% of financi...
I know there are quite a few Pigeon Forge & Gatlinburg investors on here, so I thought I’d seek your advice here. I have a 2 bed/2 bath cabin with a pool table currently in a small game room. I’m thinking about mo...
Hi,I currently own my primary residence free and clear. It is worth about $1.6M and located in Southern California. I have been flipping houses for about 4 years but want to remain in this property longer and start a ...
I was wondering if anyone is familiar with the Differed Sales Trust (DST) which is a "legal" substitute for the like kind 1031 exchange.
Where you can exchange from real estate into some sort of "annuity" but you can...