I realize from a business perspective you should completely separate real estate finances from personal finances with separate bank accounts.However, especially in the beginning, is it reasonable just to transfer in m...
I have a deal on the line for 170k purchase, 195k resale, 362k ARV. My issue is that I don't have the personal funds to submit a 5k EMD. Are there any tips or ways to solve this problem?? I really don't want to lose t...
Hi, I have a self-directed IRA that I plan to use to purchase a fixer upper. I'm debating whether I should sell the house once flipped, or refinance once rehabbed and then rent it out. The question is, I can get a low...
Hello,I have been working on a investment plan and would like some guidance. I want to purchase a property with cash from a IRA and put the IRA and myself as percentage owner on title. I spoke with the self directed I...
I have taken a cash-out loan on my personal residence to fund an LLC in which I am buying real estate.
From an accounting standpoint, what's the best way to structure this? Can I consider this cash infusion into the ...
I've searched the forums but haven't found anything directly relating to what I'm asking so here it is:
1) Can I receive funds from a family member via LLC to LLC wire and then simply transfer them to my personal acc...
I have a question about funding a single-member LLC and paying it back. I have read several of the posts here, but I have not been able to figure out exactly what to do. I am buying a property, and I going to fund i...
I'm looking for advice on how to structure a personal loan for a friend so they can consolidate credit card payments. They have 9 open lines with retail store credit with a balance of $9,000. I'd like to use my Self-D...
Does anyone know of a few California based lenders that will issue a mortgage to an multi-member LLC with a personal guarantee from one of the members?The only feedback that I receive is from hard money lenders and th...
Hi BP,I just got my single member LLC to buy a property to lease to my wife's business. We are meeting with the broker of the property we are interested in, on Monday. I applied for EIN for the LLC online, however, ...