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Results (10000)
Rennie K. Giving loan to a Real Estate LLC
26 February 2013 | 13 replies

Hi All,
I am new to RE investing. I recently opened a LLC and purchased a single unit property (cash purchase). Goal is to have 4 or 5 units at the moment.
My question:
Is it ok to give out a loan (from my personal ...

Michael Strobel Flexible Lenders in Virginia - Trying to get my next couple deals
11 May 2020 | 4 replies

Hey BP Fam!
I am a current small multifamily buy and hold investor and real estate agent in Central Virginia and I have been running a small direct mail campaign to help me find off-market deals. I own 2 properties (...

Matthew Will EIN and Checkbook IRA LLC
16 August 2017 | 8 replies

I have created a Checkbook IRA LLC. BackgroundI have formed a Single Member LLC (SMLLC) with the sole member being the CUSTODIAN FBO ME IRA. The SMLLC has a checkbook and EIN. My goal is to invest in Private Equity ...

Ryan Conor New to BP
1 January 2016 | 10 replies

Hello BP Members,I am 27 and I am looking into becoming an investor in Fairfield County and New Haven County in Connecticut. I have a potential partner or two that would like to join me with investing in real estate. ...

Tariq Hakeem 12% of Americans saving for a new house
10 April 2021 | 1 reply

March Savings Index: Percentage of Savers Drops for First Time in 2021, but Still Higher Than Start of Pandemic
Ready to spend? With a lower percentage of consumers stashing cash in March than the first two months of...

Richard Buffet Looking to invest 50K cash + 200K in 401(K)
20 January 2019 | 15 replies

Hi allI have 50K cash + 200K in Self Directed 401K to invest. However, my big challenge is that I didn't have much income for the last 3 years as my business was just breaking even. So there wasn't much personal incom...

Lance Jorgenson Where to put Cash Reserve
1 December 2020 | 17 replies

Where to hold your Cash Reserve and money you are building up to buy more properties? I have mine in a regular savings account making 0.75% interest.  Is there a better place to put money that is flexable but makes mo...

Account Closed Solo 401K/ IRA and Tax concerns under my LLC
7 June 2016 | 11 replies

Hello, very new to this forum and this topic.  I am trying to put together the following information and would be grateful for any thoughts you all may have.1.  I would like to take one of my current employer 401K's a...

Isaac S. Bank Account - Series LLC
24 May 2022 | 18 replies

Hi all, I have a series LLC setup for my properties, however my current bank (Chase) does not allow me to open an account due to this setup. Does anyone know of a bank that works with a series LLC?

Wayne Terry Looking for a change in life
5 August 2012 | 15 replies

Hello

I want to get out of my retail career and move into RE investing. As a Game Stop store manager there is not much more room for saving for a down payment and I have to repair my credit. However there has to be ...