Rick Eicon
Buying RE with self directed IRA
Has anyone looked at buying RE via a self directed IRA vs cashing out the IRA, paying the penalty and putting funds into a business account and having full control of funds Immediately?
Nate Crump
Getting Money out of a Simple Retirement Plan
I have a question on behalf of a friend who isn't a member here. He is a small business owner, so he has money socked away in what he told me was called a "Simple Retirement Plan". I don't know much about those th...
Jason Smith
Using self directed IRA
Hello everyone, hope this is the right ace to ask. I recently changed jobs and have a nice pool of cash in my old 401k that I am going to transfer to a self directed IRA. My new job's 401k I will likely keep traditi...
Aidan Mulligan
Solutions to inaccurate DTI
In need of some help everyone, Here's the situation I have. I'm trying to get conventional financing for a SFR. The loan officer says everything checks out and is ready to write me the approval except my DTI is artifi...
Jonathan Hudak
Selling, Renting or REFI in this market
I'm basically a "Pre-newbie". Have been following Bigger Pockets for a while and am looking to get started in Real Estate in some fashion.My wife and I currently live in a condo that we own (bought for $255k, currentl...
Viron Hale
LLC and Banking account
Hello BP family,I just started my LLC and now looking into setting up a bank account. I'm going to use a local bank, my question do I need to set up a business bank account or can I set up a personal account for my LL...
Christopher Aleman
Requesting advice on starting an ATM business!!
I have been doing some research online and there seems to be a lot of potential in the ATM industry. From what I understand so far, you make 100% of the transaction fee from the ATM withdrawals. So the plan would be...
Aries Li
How to Pull fund out from LLC after Refinance
Hi,I have accumulated several single family houses in Indianapolis and was thinking about refinance and move them from my name to LLC. Assuming I was about the do a cash-out refinance using a portfolio loan, the fund ...
Sam Raj
Jarrell, TX investment
Hi BP members,
How is Jarrell, TX considered from an investment perspective for new investors/SFH type properties?
-potential for appreciation in the next 5-6 years- and the ability to rent easily
Not looking fo...
Benjamin Cowles
How about making offers "minus repair costs" when in doubt
As a newbie wanting to get a property under contract, how about getting a tentative offer 'minus repairs tbd(by contractor/inspector)' accepted? Have any of you lacking rehab estimation knowledge done something like t...