Ryan Sajdera
Saving for the next rental
Hey everyone, I was just curious to know what everyone does to save up for their next big investment. Do you just put your money into a savings account and let it accumulate as you deposit or do you put that money int...
Michael Morrongiello
Can a Seller Finance a Buyer with TERMS and then STILL COMPLETE a Tax Deffered 1031
I am familiar with 1031 Tax Deferred Exchanges. However this issue came up;EG. Selling a FREE & CLEAR Investment property for $500KNow if you as the seller are doing a 1031 Exchange and SELL this property and hav...
Chad Mercedes
Self Rental Renovation
Hello
I recently have a rental property with tenants for over 8years. The wife and I are looking at performing the BRRRR strategy. I’m a tradesman that works for a contractor and have 20years experience in Reno’s and...
Jeffrey Grieshop
Proof of funds question
this is a pretty basic question. I better know the basics before the specifics. I am hungry for a rental property. I am ready to look at many and submit offers as well. Before that though, I want the buyer to know tha...
Chris Mackinlay
Proof of Funds for Investment
Hello. Looking at purchasing my first investment property that's not a house hack.Met with the realtor and viewed the property. There is 0% chance of getting a mortgage on it due to condition.I am struggling with the ...
Brandon Paul
Buying in an LLC and bank accounts
Have a LLC and want to buy through it. Do you have to have funds in an business LLC account for the LLC or can you show personal funds and submit to buy in the name of the LLC.
How do you set up your accounts since ...
Stephen R.
Partnering solo 401k with Hard Money and prohibited transactions
I'm looking to partially fund a fix and flip using money from a self-directed solo 401k. My thought is to purchase the property using hard money and then fund the rehab, which exceeds the purchase price and current va...
Miller McSwain
Using a Rocket Loan 🚀 to assist with Down Payment?
We are currently in our first house-hack and will be eligible to purchase our 2nd HH in April (because it will have been 1 year since we purchased the first one). It looks like we will likely have around $20,000 saved...
Chris Wilson
HELOC (not in my name) financing investment property
Is it possible to purchase an investment property (duplex) in my personal name with funds from a HELOC that is on someone else's property (ie. parents / friends / investors)? Logistically, I assume I cash the check f...
Gary Lee
Debt Fund as a capital source
Do debt funds ever offer 100% funding for a purchase and 100% for rehab? While it seems too good to be true, my broker is adamant that his firm has utilized this specific debt fund in the past and that they’re real. A...