The plan is to flip a property using an equity partner to provide the cash reserves and a hard money lender for the bulk of the purchase and rehab.
We originally planned on all cash, in which case we would split gain...
If I roll $100k into a SDIRA, can I buy a $50k house for cash out of that account and have the rental income put directly in the account? I realize this is probably much more complicated in reality, but I thought...
I am at work, but my wife just called and said she put in several hours at one of our new properties cleaning the oven and stove. It just seems to me that the work NEVER ends and we get nickeled and dimed by the util...
Hello community, I have recently inherited two properties with challenges. The first home has no mortgage or lien, but has late property tax of about 1,700. The other home has a mortgage of 18,000 remaining and lat...
Hello Evansville Investors. I am located in San Diego and needing guidance for an out of state investor. I am eager to start investing yesterday. I have saved up $25k. I have no idea where to go from here. Reasons I'm...
With the very helpful advice and feedback from folks here and on some of the members' websites, I've taken the plunge and purchased my first rental.
So thank you all for your help, both solicited, and unsol...
We're in the process of negotiating more favorable terms on large guidance lines of credit for spec projects in Austin, TX. I was hoping some of our experienced lenders or developers could share their wisdom with how...
So in my first post 2 weeks ago I briefly introduced my desire to complete my first transaction in the next 6 months and my current financial situation. I was lucky enough to meet with 2 very bright and influential me...
I have a relative who is looking to 1031 out of their first rental. I have been thinking of creating a new LLC that would they could “contribute” to as part of their 1031 and combine that with my investment $$ and in...
Hey y’all so my wife and I are starting our investing journey in the next few months. We are selling our home in sd august and relocating to boston. I currently I have a joint savings account with discover that’s 3.6...