Sean Allen Fenn
Multifamily apartment syndicators: What went wrong on your first deal?
We’re just starting out investing in multifamily. Would it be crazy to assume that anything that could go wrong on our first deal, can be avoided if we recognize it? This may be anecdotal evidence, but what went wrong...
Dell Colvert
Are People Scared To Invest In Real Estate ?
Sounds like a silly question, but it seems like over the years, I am in a cycle or loop "inquiry & questioning", from potential borrowers/investors. As a professional, I am aware who is serious, and who is not, bu...
Blake Wamsley
Advice on a Garage Apartment
Sorry if this is the wrong area for the post, I am new to the forum and it looked like the most appropriate place.I currently own a home and am looking to do a hack by building a garage with an apartment above it. Tot...
Richard Ellis
Question about FHA loans
I tried looking around to see if this question had been answered elsewhere, but I didn't see anything. First, here is the background. I am a new investor in Orlando, FL and I am currently renting a house. Consequently...
Troy P.
What are the drawbacks of a K-1?
I was reading comments about some crowdfunding site. Someone said they weren't attracted to a particular investment because it was a K-1 instead of a 1099. I was a little confused since a K-1 allows you to claim pap...
Holden Mitchell
I need help!
Is it possible for me to purchase a property in my own name using an FHA 203(K) loan, renovate, live in for about 6 months, rent it out, and then move it into my llc? Is it that simple given particular loan terms and ...
Kyle Lauriano
Operating an LLC - Can I Finance my Deal Personally?
Dear Lenders, I am looking to run my real estate business under an LLC, am I able to finance my 1st deal through my name, and supply the title, etc. through my LLC? This way I can utilize lower rates (aiming for the B...
Chris Masons
Question on 401k loan......
I have a question on borrowing from ones 401k:
When I borrow say 50k from my 401k and pay it back do I lose my position I originally had in my investment? In other words say I owned 2000 shares XYZ fund at 24.00 per ...
Matt Frey
Is there a 1031 exchange equivalent in Canada?
Hi,I have been trying to find the equivalent law in Canada of the 1031 exchange in the US. What I have found, under the income tax act section 44 and 44.1, Canadian's can have their gains rolled over into other proper...
Amy Lee
Late utilities transfer
I was being naive and let the tenants move in without having utilities to their name. I outlined this in the ad but nothing in the lease. At this point, I'll be paying for their utilities for 1-2 weeks. I can't make c...