Armand P.
Coverting my Roth IRA and or 401K to Self-Directed?
Hi BP,
I’m considering converting My Roth IRA and 401k retirement accounts to self-directed so I can invest in real estate. However, I’m still employed and read that I’ll need to open a IRA LLC in order to invest. Wo...
Philip Davis
Using a portion of the proceeds of a 1031 to pay an exsiting 1031
My wife and I successfully executed a 1031 (A) by selling one rental property in CA and buying two in VA two years ago. These two properties each required mortgages to be taken. A recent death in the family now forc...
Jeff Thompson
prepaid leaseback - transfer property with no money down?
I don't know how feasible (and legal) this is, but I'm exploring options and thought this up:
For a deferred down payment do a leaseback prepaid to cover closing costs + down payment. I have this in mind to transfer ...
Robert Carpenter
Is The Manufactured Home The Future Of Housing ?
As the US economy is driven into 'stagflation' - as prices rise and real purchasing power falls - will manufactured housing drive out site built ? At present the number of site built homes is around 15X the manufac...
Jack S.
What would be your next step
Hi all ... just after some advice on what my next step should be . id like to start off and say I set my goals very high so it may seem like I’m being over ambitious but hey we have to be optimistic . I’m an investor ...
Dave Vona
How to name a home buying company for best SEO
Hi, I'm trying to decide how to name a company that is going to be attempting to find home sellers. I see many companies use some form of "something something home/house buyer" in the name. I thought I would do this...
Elisha Salgado
Tenant issue with signed lease from prior owner
My wife and I recently bought our first real estate investment property here in Pennsylvania at the end of June which is a multi-family home. The 1st floor tenants signed a new lease with the former owner in March 20...
Orita Issartel
Owner financing one of my properties?
I'm thinking of selling one of our single families, owner financing. The house is a 2 bed 2 bath in a great area and it's paid for. My husband and I are in thinking of relocating. Our kids and grand kids all live in ...
Andrew Anderson
First SFR closing Feb 13, help understanding LLC structure and taxes
Thanks for any advice!!Very excited to be purchasing my first SFR!, finally got over the analysis hurdle. Currently my atty has two LLCs in parallel one designed to be a holding company for the property and the secon...
Katherine Bremner
Funding Downpayment/Loan options using existing properties
Hi BP Friends!
I’m a new(er) investor in Wisconsin in need of some advice on how best to fund an off-market 8 unit (long-term). Purchase price 700K.
A little about me: W2 job (160K), credit score 800, ~600K in 401K....