Chris Mackinlay
Creative Financing help
Greetings! I have spoken with a lender who says it is possible to use 401k money to fund a home purchase. Spoke to my 401k custodian and they weren't sure of the exact details of doing that. I'll need to look at all t...
Ian Sinclair
Rolling a 401K into a new real estate business
Hey all,Has anyone every started a real estate business with a full or partial rollover of their 401k?I heard you can only do this with an S Corp startup but I want a series LLC.Any advice would be greatly appreciated...
Rocky Verteramo
fix and flip taxes
Hi guys! So, I am new to the real estate business. I was getting excited about the whole fix and flip aspect but with taxes and confusion of it I'm not sure I am ready without a little advice. I will be meeting with m...
Guevara M.
How To Verify Income
I have a 1 bedroom, 1 bath condo that I have listed for rent. Have a single male who is moving into town for a new job as an professor at a local community college but won't be receiving his first check till the follo...
Ricky R.
Fund a SOLO401K / SDIRA with full time job contributions?
Hi BP, So I can't find much info on this but is there anyway to use my employee contributions from my normal full time w2 job to fund a SOLO 401k or SD IRA under my REI LLC umbrella? If not by funding directly, can I...
Russ M.
Screeniing Self-Employed applicants
Fairly new to the RE business and not sure how to handle this one, so I am turning to my new "friends" at BP :)Have an apartment opening up and have a potential tenant who has completed the application process. Yes,...
Katie Rother
Raleigh/Durham and The Triangle!
Raleigh-Cary, NC, is a rapidly growing area with significant expansion in the healthcare, pharmaceutical, and technology sectors. Known for its strong foundation in STEM jobs, the market continues to experience positi...
Amie D.
What to charge up front.
I have an applicant who looks like they could be a good renter, but has a few negatives (already discussed in the thread linked to below) and so I've decided to approve them, asking for first + last month's rent in ad...
Ahsan Khan
Getting w-2 from own company
Hey bp members,
So i am looking into buying my first property, but it seems like its probably going to be in the beginning of 2018,
Hearing other investors talking about putting your investments in A or B properties ...
George P.
Being flagged as a 'Dealer' by IRS - for this strategy?
Business entity - one member LLC
Strategy: contract assignment and contract assignment with short-term (one year or less) financing provided by the entity to the end buyer/rehabber.
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