Hello BP,Because of the rules, it is not possible for the owner of a Self Directed IRA to loan money to their LLC's. It would be considered a prohibited transaction.My solution is to find other investors with a Self ...
I am purchasing a property with a conventional investment loan and the lender is giving me a price of $795 for the appraisal, stating that "appraisals cost more for investment loans". Is this true? Why should an appra...
are there any advice or tips on how can invest in STR properties in florida with bad credit?
Hi all, I am looking for advice on how to help my dad out with getting his business going. I have set up a Single member LLC for him, and am wondering if I should put him on payroll with his other employee(s), what wo...
I need some input from mortgage pros :) I've run into this situation a couple times and haven't found a solid answer. Here's the scenario...We have a married couple who's interested in purchasing one of our houses. Th...
Welcome to our informative and insightful blog series, where we delve deep into the world of rental housing pricing and trends with the help of a seasoned property manager. Whether you're a prospective tenant searchin...
Welcome to our informative and insightful blog series, where we delve deep into the world of rental housing pricing and trends with the help of a seasoned property manager. Whether you're a prospective tenant searchin...
Lets say you find a 4 bedroom house. Would it be better to find 4 different renters and treat it like a 4plex thus never leaving you with a month of $0 rent or is it better to have less hassles and just buy 3 bedroom...
Hi BP Folks!My search skills must be weak and I apologize in advance for not being able to locate the answer to my question. I am trying to find out what capital improvements go in which bucket for cost segregation d...
Hey all -
As I understand it one person or company can complete 5 land contracts and only be taxed on the actual payments (installments of say $1,000 / month).
However - if one person or company does 6 or more land...