Daniel Sobsey
Personal Loan to Finance 10% of Partnership's MultiFamily Purchse
Hi All,I am new to real estate investing and I have a funding question that I'm hoping you might be able to help me with.I am in a partnership with two friends and together we plan on investing in a multi-family home ...
Rich Dooley
Depreciation offsetting tax penalties for IRA withdrawal
I'm looking to invest in MF through some crowdfunding platforms. I want to take some dollars out of my IRA to do so (not doing this in a SDIRA, I have a debt investment through that). I was wondering if the tax benefi...
Steven Grant
Non Cash down payment?
Hi folks,I am looking to purchase a multifamily property. Does anyone know if a bank (or other lender) would finance the purchase of an investment property where the down payment was non-cash consideration, such as an...
Eulogio Villasenor
Partnering on a Flip using SDIRA
I am partnering on a fix and flip using my SDIRA. We are still in the process of closing on the property. My partner and my SDIRA will be partial owners of the property.My partner will then use their money to pay for ...
Spencer Wetmore
Refinancing FHA
I purchased a 4 family home in June 2016 using an FHA loan and a 3.5% down payment. The house was appraised using comp values rather than an income based approach due to the house being mostly vacant. I fixed up and r...
Kedian Jimenez
Fast Rehab project in Middletown, New York.
Investment Info:
Single-family residence fix & flip investment in Middletown.
Purchase price: $55,000
Cash invested: $70,000
Sale price: $173,000
This was a medium rehab where the roof needed...
Account Closed
HLOC or Mortgage ?
Hello BP. I wonder what you think about different of HELOC and Mortgage? Say for example, I have $200K equity that I can either do Option 1: Cash out refinance and pull money out to have cash in bank with Interest loc...
Kawika Smith
Creative help and advice please!!!
One of my good friends has a business here in NM, and is renting from their landlord who is willing to help them out with acquiring other commercial properties to help them grow their business. (Complicating but not s...
Sam D.
Is Land Survey important
Is Land survey important and when it should be ordered? I am buying a property and I am asked by Attorney should he order land Survey? It will cost me $750.
Thanks
Sam
Ray Pryer
Joint venture with friends
Hi everyone, so I have 1 property already and my next one I wanted to do a JV fix and flip with a couple of friends to get everyone’s capital up.4 of us wanted to go in on the property but only 2 of us have good credi...