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I'm interested in self-directing my Roth IRA and investing in real estate.I recently read Tax-Free Wealth by Tom Wheelwright and he stresses the point that you should not nest a tax-advantaged investment in another ta...
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I’m looking for advice on selling part of a cash flowing apartment complex.Why? I’m at the end of a full gut and remodel of 28 units. I need about $300,000 to finish the asphalt, landscape and last unit. I also want s...
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Investment Info:
Single-family residence private money loan investment.
Purchase price: $46,000
Cash invested: $90,000
Single family home with 4 beds, 2 baths and a 3-car garage in the heart of Potts...
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Are their private money lenders who lend on properties from tax sales.
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Ok, I'm looking to buy this business I have a minority stake in (Pennsylvania private S-corp). The business is failing and it is for sale, listed with a broker. I'm preapproved for up to the selling price but, by a...
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I have a friend who is selling his business. It's not real estate, but it got me thinking. Is there some kind of 1031 exchange for moving money when you sell a business into either real estate or another business wh...
Bank of America says using its merchant services for lending money is prohibited. I then asked the representative, can i open a regular business account for my private consumer lending business where customers pay me ...
I have an opportunity to provide a private loan for distressed property to be rehabbed and refin. I have never loaned money like this before and was unsure how to protect myself, and what interest to charge.Any advice...
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Due to my "liabilities" of other apartment houses. My bank will not provide financing to me for a vacant 6 unit apartment complex.
Has anybody else come across this and what strategies did you use to push pa...
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Investment Info:
Single-family residence private money loan investment.
Purchase price: $315,000
Cash invested: $120,000
Sale price: $315,000
Private money loan originated on Monday and closed 5 ...