Ramel Sherman
Are you ready for some football in Los Angeles?
Greetings BiggerPockets Community!I'm dreaming of a Small Mixed Retail/Residential Apartment Building in the South Bay area of Los Angeles, south of Santa Monica, west of the 110, and north of Long Beach. We've been ...
Dale Ranft
Self directed IRA disqualified persons
I’m planning to flip a house, I was talking to my ex-wife about it. When I got to part about a hard money loan and the interest rates she mentioned cashing out her Roth 401k and loaning me the money. She just recently...
Brian Halstead
Self directed IRA partnership
I have a little over $250K in my 401k and just finished my Real estate continuing education whereI learned quite a bit about SD IRA.I am looking for a partnership with someone who has similar funds or more in their 40...
Haider Abdullah
SDIRA - yes or no? Experience welcomed
My wife has a SDIRA. From what I u see stand, because I’m not connected to her linearly, I should be “qualified” in terms of being able to take profits on deals. Scenario:Wife and I structure $100k deal flip through h...
Bobby Barlow
Purchasing a property with solo 401k (next to my house) please h
I am currently building a house on 5 acres. The five acres next to mine is currently up for sale. I know that there is someone else interested in it but I'd really like to buy it to keep from having a house right next...
Adam Johnson
Self-Directed Loan Legalities
A friend of mine and I plan on rolling over old 401k's into self-directed IRA's. We then plan to loan each other money, and use that money to flip houses.So, I loan 80k to him, he loans 80k to me....we have 160k to bu...
Lee Burns
My first [MFH] deal...yikes!
So I'm looking to engage in my first deal as early as June! I've made a small business plan, browsed for properties and lenders and ran across a few, but I don't have much capital except for a tiny savings and a smal...
Ben Unger
Using Parents Roth IRA for funding?
Hello BP,I have read a few forum posts about using SDIRA as a means of private lending. I still am not sure how to go about doing this, and what would be the up front costs to me or the lender (I.e. my parents) if don...
Karin Cornils
rent collection challenge around self-managed SDIRA owned property
I understand that rental payments for property owned by my SDIRA account (custodian, not LLC-type) need to be handled in an 'arm's length' fashion. I haven’t found a property management software that will collect the ...
Timothy Douglas
Value Add Opportunity - Needed Wisdom
We own three homes on two lots that are adjacent to one another and across the street from some office buildings that we are looking at picking up. We want to maximize the value we get from the 750,000 dollar deal for...