Shawn M Hannan
Looking to place a tenant with poor credit
Hello Everyone,For quite a while now I've been working with a client who wants to lease an apartment on the south side of Chicago. She has credit issues (score unknown) and is self-employed. She lives with her mothe...
Edmund Ricker
Anyone Using Self Directed IRA
Hello Everyone,Is anyone using a self directed IRA to fund all or part of their real estate investing? I am looking into the subject and wanted to get input from people already using this vehicle.Also, can anyone she...
Amanda G.
Separate LLC's for buy and hold and flips?
Some members of my REI group have separate LLC's to separate their active work in flipping and wholesaling from their passively held rentals. As a single-member LLC- does this make any difference when they are going t...
John Scully
House Hacking and Multifamily Rentals
Hello! I'm a newbie 18 year old investor looking to learn from the best. I've started coming on here everyday to post forums and meet new people, so anyone who'd like to throw some knowledge down the ladder to the new...
Brant Richardson
401k owns LLC that invests in real estate?
I talked to a representative about making my 401k self directed to invest in real estate this morning. He said I can not invest directly in real estate with a sd401k but I can invest in an LLC with the sole purpo...
Corey Young
LLC v. Soul Proprietorship
I spoke to my CPA today who said that an LLC is more hassle than it's worth if I don't intend on having any business partners. He explained that if the real estate documents are appropriately drafted on the front and...
Jason Spicer
Self directed IRA for lending and rentals
The more I learn, the less I like my conventional IRA invested in stocks. Am I correct in my thinking that I could transfer into a self directed IRA and use those funds for lending and accrue that interest tax differ...
Sam Booth
Quick tips to start self managing rental
Hi all!I currently use a property manager for out of state rentals. Can you recommend some things to so when vetting a local self managed tenant? How do you run a credit check? Call previous landlord of prospective te...
Justine Veal
REFINANCING AFTER USING A HARD MONEY LENDER
Hi all, Quick question if I purchased a MF property using a hard money lender and decided to refinance to a conventional loan 6months to a year later would I need to have W2 income ? I'm ready to quit my job and inve...
Kecia Love
How to purchase 1st time investment no employment no ownership of property
Is it possible to purchase a first time investment, self employed, don’t own property currently… familiar with DSCR Loan, however you still need to show anywhere from 20 to 35% 60-80% LTV down payment and possible sea...