I have a self-directed IRA that I would like to use to invest in a third party's flip. In thinking about a promissory note that would avoid both a prohibited transaction problem and an Unrelated Business Income Tax ("...
I’m in Houston and I’d like to find a mentor but I’m not sure how, help please.
If I'm borrowing from a couple different family members SDIRAs for the same project, whats the best way to structure it? Can they lend to me as personal loan, or does it need to be held by the custodian and wired to t...
What documents do you require prospective tenants to submit when filling out a rental application? I'm planning on requiring photo ID, most recent W2 and 1040, 3 most recent pay stubs.Does anyone require bank statements?
Hi,I am a new Real Estate Investor. My only experience in Real Estate so far has been with buying my own home. My interest in Real Estate Investment is to look at Buy and Hold Real Estate.Based on the little research ...
I had a neighboring property come up on the upcoming Sheriff Sale; I called the attorney and the buyer paid in full. That got me interested in learning more about the local Sheriff Sale, but its a bit more challenging...
My brother in law wants to use is self directed IRA to invest in our 506(b) private equity fund. His custodian, Equity Trust says that because I'm a 33% managing member of the fund, that I am a disqualified party. T...
What was your biggest obstacle when getting started in real estate investing?
What are things that I need to be aware of when choosing a hard money lender? Are there any specific questions I should ask? Do you have any recommendations for good ones? Thanks in advance for your response.
Hi,Long time lurker posting for my first time.Just wanted to see what you all thought was a fair equity to give an investor putting 80% of the cash for my first REI deal (other 20% is coming out of pocket).Planning on...