I would like to purchase a property with funds from my IRA to use as a rental property. I know there are rules regarding who I can and cannot rent to (like family members). I would like to do a lot of the managemen...
The Small Business Development Initiative (SBDI) offers a minimum of $100,000 to assist small businesses and aspiring entrepreneurs for starting and growing small businesses. According to the United States Small Busin...
Here is my situation. My conventional loan is 172,900 - it appraised for $190k and "off the record phone call from the appraiser to my broker" the appraiser mentioned that all the houses in the area are going f...
A few years ago I converted a few 401K's into one self-directed/checkbook IRA. I setup an LLC that facilitates the financial transactions on behalf of the IRA.I recently purchased a vacation rental via the LLC, from ...
I am sure this is a common problem for self-employed individuals and I am hopeful to get some guidance from the folks on the board who have been where I am right now. I am at a point in my business life were I am ...
Hi,
I know someone who wants to lend me money from his retirement account.
I have suggested that he set up a self-directed IRA, which could then put his money into an escrow account, where he could basi...
Hi Guys,
I ran across this site - it looks pretty powerful to me.
Curious as to everyone's thoughts. It's free for 7 days
provided you donate $1.00 to charity, but overall, it
seems to me like another great way t...
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Hi. I am new to the site and the real estate investing world. I joined a partnership with a couple of buddies and we purchased a property two weeks ago. So far, so good. I am interested in approaching the city abo...
Hi BP, I'm ready to rollover my IRA to a SDIRA to invest in an out-of-state property. I'm looking into getting a non-recourse loan to fund the rest of the amount. If I am short of the usual 35-40% down, can I always...