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Hi, I have a self-directed IRA that I plan to use to purchase a fixer upper. I'm debating whether I should sell the house once flipped, or refinance once rehabbed and then rent it out. The question is, I can get a low...
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It was suggested that I take my RothIRA and put it in a custodial account and use it to purchase homes to flip? What do you think?
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $115,000
Cash invested: $5,800
FHA Loan Live-in-Flip. I bought this house in order to advance my portfolio, allow f...
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Can an SD 401K be used to establish an LLC with another non-disqualified individual? LLC would be funded say 40/60 for example purposes, between 401K trust and non-disqualified individual. Apportioned income, gain...
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I'm an experienced investor from PA, but just starting in DE. I've opened another LLC for Delware purchases on the advice of my CPA. However, I wasnt quick enough for a deal I've just encountered, so I wont have the...
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Hi,
Looking to get some insights from the experts.
As a REI, we do our real estate transactions under an LLC (S Corp) that focuses mostly on new constructions funded via private lending.
Now an average time for us...
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I am currently going through a Homestyle loan in chicago area and would like to see if there is anyone who has recently done that or in the process of doing .I just want to bounce off some ideas and share some finding...
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Can someone guide me on how you would go about wholesaling a property that is listed through an agent?
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We are in the process of changing one window (due to rotten frames) of our rental Quadruplex built in 1986. After removing the window, the tenant started raising concerns of exposure to Asbestos (tenant claims to be a...
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So I'm a little confused regarding non performing 2nds. Most I've seen have combined LTV equaling negative or at a minimum 100% equity. Meaning there is no "real" equity protecting the 2nd position.
I've hear...