Kristin Drumheller
Opening a CC or LOC under a different business to help fund RE
My husband and I own a successful health facility and are frequently bombarded with offers for credit cards and lines of credit. I typically throw these away but we are starting to get our ducks in a row to begin our ...
Derek Kockler
Cash out refi of duplex investment property. New rules?
Hey Everyone,
I am looking to do a cashout refi to BRRRR a rental property into another property. Currently we owe approx 240K and the place is worth approx 500K. I can't find a single lender that will even talk to ...
Guillermo Lopez
Advice on ROBS and what investments can be rolled over.
I understand the concept but I would like to know if a 403B is ineligible for rollover if you are currently employed with the company that administers the investment. I stumped a Tax Attorney and the tax attorney gave...
Stacie Corrao
Coming to Savannah
Hi everyone,My name is Stacie and my husband and I live in NJ BUT we are coming to Savannah. We bought a townhouse there at Christmas time and will hopefully be moving soon. We are looking at buying a business and/or ...
DeVon McCoy
Business Line of Credit
I was contacted by a company that offers assistance to help build my business line of credit that I would allow me to pull money off credit cards at closing in order to use as a down payment when purchasing a property...
Garen T.
Deducting interest from HELOC to finance projects?
HiI have properties that I will take HELOC loans out on in order to finance the next property. It will be for construction, or acquisition, or fixing it up.However, this year my accountant just told me that the intere...
John Caleb Pavlus
Cash Out Refi, HELOC, or Home Equity Loan ?
BP,Scenario - Properties are cash owned. Properties cash flow nicely. All Non-owner occupied multi-families, 2 - 4 units. All properties are part of an LLC. My business partner and I are 50/50 partners of the LLC....
David M.
Employer 401k to Solo 401K
Hello All,If you roll your employer sponsored 401K into a solo 401K, I'm assuming that any profit/cash flow must remain in the 401K as well, correct?Meaning, if my primary goal is to replace $dayjob income, then inves...
Andrew Hofing
New Guy from Pittsburgh, Pa area
Glad I could find this group to connect with R.E. Investors and access many free resources. I hope I can contribute and bring value with the private lending I can offer and range of business lending I can provide....
Rodney Alexander
Streamline business finances
Starting the process to be more efficient with real estate financial management. Looking for any input on financial institutions supportive and competitive with cash out refi's, banks/financial institutions easy to d...