Lesley Resnick
Advice on Financing 18 unit townhouse project
I am planning on building an 18 unit townhouse community in Murray Hill, Jacksonville. I am shovel ready, pending a few miscellaneous items. I own the land. The architect and civil engineer are finish up. I have b...
Ryan Walker
Disqualified Persons in Solo 401k
I am a realtor, My mother has a high value 401k she is looking to roll into a solo 401k in order to purchase rental properties for her portfolio. Am I prohibited from acting as the agent on these transactions?? I und...
Elaine Ericson
Promissory Note - how to secure or any ideas to help in this situation?
I sold a mobile home giving Owner Financing (OF) (never again will I offer OF). The buyer had the mobile home demolished. Crazy I know. She is now in arrears 3 months and has agreed to deed the land back to me and ...
Patrick Britton
An exit strategy with notes?
Just wondering if I am thinking about note investing correctly. I understand there are multiple exit strategies but to keep things simple, is it possible to do the following:1. buy a performing note at some sort of ...
Joe Stimm
Buying my first rental property
Hey, I'm extremely green to the whole real estate thing being only 20 years old but here's what I got going on. I'm living in a building in lockport New York area where there are two apartment units in the upstairs ar...
Jennifer Umbaugh
URGENT: Self-direct IRA to loan money to LLC where I am sole MM
URGENT QUESTION. House under contract, two weeks to commit. Can I set up a self-directed IRA to loan money to an LLC in which I am the sole managing member? The LLC Purchases homes, renovates them, then resells them....
Kurt Jones
MHP with RVs and Storage Yard too
Interesting opportunity kind of fell in my lap. Off market deal, existing MHP with 25 homes (12 POH) along with 27 RV lots (25 occupied) and a connected RV and boat storage lot with 50 spaces.Obviously not a pure play...
Account Closed
Land Trust to prevent Partial seller Financing due on Sale Clause
Hello BP, sometime ago i read "The definitive guide to using seller financing to buy real estate", and only thought that to prevent due on sale clause, that would mean i can only used this method on debt free property...
Darren Roskott
Basic question about LLC in Pennsylvania
I am applying for a HELOC and would like to register the loan with an LLC in Pennsylvania. Can I apply for the HELOC now and then obtain an LLC in the next week or so? Any suggestions on the easiest/cost effective wa...
Shanequa J.
Is this unethical?
I have a business that I make good money with plus a 401K I can pledge as collateral. On the other hand, my Houston real estate business is new with no tract record or financials. Would it be unethical for me to get a...