Michael Johnson
Apartment Unit vs. Single Family Home
BP Community:I am a new real estate investor seeking to purchase my first investment property. I am in need of advice of wheather to purchase a single family home or a single apartment unit.To provide you with a littl...
Travis Kemper
401k/ self directed IRA
Hi all,I am leaving my current company in October and would like to find out what the best way to use my 401k for down payments is. I like the flexibility of being able to take out 401k loans, are there any products ...
Nicole Masters
Househacking our 6 bedroom house!
Investment Info:
Single-family residence buy & hold investment in Roseville.
Purchase price: $535,000
Cash invested: $45,000
We purchased a 6 bedroom 3 bathroom house in Roseville that we are hou...
Chris Torbert
Partnership Help
Hi all,My father and I have located a couple of properties that we would like to purchase together. I need him for additional capital, and since I'm investing with my Roth IRA LLC, I need him to personally guarantee ...
Daniel Walkowiak
can you short sale a home if the owner passed without probate?
I am new to wholesaling and went to one of the houses on my pre foreclosure list and found out the owner of the home had passed and it was currently her son living there after going through the house and looking at re...
Eva Mackowski
solo 401k or self directed ira?
Hi Everyone,I've been reading the forums and discussions on BP regarding Solo 401k vs SDIRA's. I left my job last year, and have started a real estate investment company (LLC) and am getting ready to invest in rent...
Ben N.
Checkbook IRA/401k Scenario Opinion
Hi all, I'm curious if anyone can offer their opinion on how this prohibited transaction should be restructured:"Scott desires to purchase a rental property for $100K and would like to own the property personally but...
Joseph Dain
Denver and North to Boulder Colorado STR - 2nd home
It seems that most cities in and around Denver have banned STR on 2nd homes. We would like to purchase a vacation condo and do STR.Anyone know some cities around the area that allow STR for 2nd homes?
Anthony Beeler
Too late to start an LLC?
I already purchased a home to flip with my brother. Is it too late to start an LLC? I took out a HELOC on my current home to purchase the home and we just closed last Friday.
Angelo Cortez
2023 STR Cost Seg -> 2024 MTR/LTR conversion implications?
I am considering a strategy where I buy a STR in 2023 (do cost seg + bonus depreciation on it), then convert it into an MTR/LTR next year. My CPA said that this has never been done before, nor does he recommend doing ...