In in New Orleans and did a flip property, a duplex in an area that used to be pretty bad, but has gotten better. Apparently, the fact that we re-did the "problem" house on the block, made a tremendous change in t...
Hello, I am fairly new to real estate investing and I have obtained a contract which I plan on using for wholesaling real estate , I understand most of the Purchase and agreement contract except the line where it s...
I am new to wholesaling, and would like to take this one step at a time educating myself and taking my time long before trying to put my first property under contract. First is making sure I have a solid understanding...
Good morning,I had a real estate investor friend, that is also new to real estate investing, mention that a self-directed 401k or IRA can be helpful for tax purposes. I am looking for assistance in finding correct/hel...
I’ve always used my self-directed IRA to buy, flip and hold individual lots and never considered financing due to the non-recourse lender hurdles.
I’m interested in some raw land and the owner is willing to owner fi...
Hey BP!I'm venturing into a new town in Hudson County for my next project, and I'm wondering if we have any WNY pro's to point me in the right direction. I'm looking at a duplex with two 2 bed 1 bath apartments. The...
I was looking into details/scenarios on funding an investment property through a self directed IRA. Could anybody share some situations when that is an ideal strategy? Pros/cons?
I've been learning about SDIRAs and from what I understand when you use the money in your real estate business, the money you earn will be tax free. So as Amanda Han put it in podcast 49, if a wholesaler puts a $1,...
Just starting to get my feet with in flipping. Prior to getting under contract, is a LLC or S-Corp a better business plan for flipping? Would it be same for rental properties?
This is my first post. I hope I didn't make the rookie mistake of asking something that has already been asked and answered. I looked all over the board and haven't found this specific situation. I am currently puttin...