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Hi BP community - Has anyone done the legwork of establishing their own single member LLC for their self-directed IRA? My CPA/attorney can do it for me of course but wants $3500 to do it, which is typical for CA. I...
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We just purchased a property a few months ago that we are now looking to sell. The rehab is too extensive for us to undergo at this time. There are long term renters who do not have a current lease. We have some pot...
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Im looking for help from someone that knows insurance well. looking through the forms I see there is cash value, and replacement value insurance. Do you know if there is a way to insure a property for a lesser value...
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Hi all,Looking to get some answers on a situation I am about to run into in the near future. My former primary residence I lived in for 2 years is in Georgetown, Texas in Williamson County, and I've had a homestead e...
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Hey All - I own a small house I am thinking of selling and providing the financing myself. This is the first time I have considered this. I recently read the Lend to Live book on private money lending. But wanted to r...
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I have a farm I would like to sell. It is an investment property with cash rent. I would like to “exchange” it for a single family rental but want to take cash out. 2012 purchase = $148,000Value = $260,000Current loan...
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Before exploring this concept with a qualified legal and tax professional, I wonder if any of the community has anecdotal experience around taking a distribution from a 401K and balancing the earned income taxes with ...
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Hi Fellow BP members, what are some key questions to ask a hard money lender and information to know?
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Hello, all, I'm wondering if anyone knows of a good mailer to send out to people who's home is coming up for tax sale or any other good marketing plan for this niche? Or there any other incentives to make a home owner...
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I have a wholesale deal in the Atlanta Market, but seller wants Seller Financing to close instead of traditional full cash offer due to large “Capital Gains Tax”.My question is can I position this deal to an end buyer...