John Jacobson
Impact of personal loan on mortgage application, if I already have down payment funds
Hi everyone. I am looking to buy a $500k property, and I have over $100k in savings (i.e. the 20% down payment). Will taking out a personal loan (to pay for some renovation work that I need completed shortly after I c...
Sunny C.
Self directed Ira and partner
I have a self-directed IRA and we have found a property that I need to rehab as my self-directed IRA does not have sufficient funds I have entered into a partnership with an individual and we are going to go 50 50. On...
Otis Clayton
How do closing agents fund private money deals?
In my search for private money , I have heard there people use SDIRAs to fund real estate investments and be in the first position.I wanted to know what are the pros and cons of using SDIRAs for fund Real estate?
Arpan Patel
Refinancing loans held by Retirement Plans
Hey all,I'm a bit newer to bigger pockets as an active member and I had a question concerning retirement plans and leverage. If a retirement plan owns a rental property (say 5+ units) - leveraged with a non recourse l...
Chad C.
Using Self Directed IRA to purchase property???
Hi BP,
Got a quick question for those experienced w/ Self Directed IRAs...
I am looking to purchase my 3rd apt complex. I already put down 10% and started looking for a lender... However it looks like my D/I is slig...
Kaaren Hall
Invested in a House with Your SDIRA? Remember to Keep a Cash Reserve.
After you have invested using your self-directed account, you might wonder about the next steps to take. Importantly, it's crucial to be aware that a lack of available cash in your Self-Directed account can expose you...
Jeff Ju
How to calculate net of investing personally vs. defined benefit
I've found so much contradicting information online and through the hired professionals that handle my taxes. I am hoping that someone here can provide a more reliable answer. I have a well-funded defined benefit pens...
Harry Tommas
Interest Tracing Help
Hey all,I've struggled to understand interest tracing and even after re-reading the IRS documents I am still pretty fuzzy and hoping to find some guidance from this community. How would interest tracing work in this ...
Gui Qiu
Non U.S. Citizen + Buy property = 40% taxed upon death?
I am wondering if there is anyone else noticed about this issue, if you are a non U.S. Citizen you don't get 5 million U.S. dollar tax exemption and it doesn't seem likely possible to have an workaround for this (e....
Cristian Alcaraz
Advice on flipping homes .🙏🏽 plz. Thank.
I started as a wholesaler, and done 3 deal so far in 2months doing cold calling from lists I’ve got.
I’m clueless when it comes to the process of getting a home for myself to flip though? Considering I usually off...