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I have recently set up a SDIRA and have a contract on a property and am getting ready to close on it soon. As I have to purchase insurance. What is the correct way to complete the check for transactions within the SDIRA?
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Hello Everyone! I’m planning on creating an LLC with a friend who is not a US Resident yet. He has a work permit, a stable job, and a good FICO credit score. The idea is to start buying properties under that LLC.My qu...
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I'm doing my first 1031 exchange. Selling my multi family in Oakland CA and looking to exchange into an out of state NNN lease.
What are the key factors to consider when looking at a property?
Are there any hidden f...
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My wife and I are planning to venture into rental property investments. Someone suggested that we start with a multi-family home.
Our Broker found a property with the following specs:
List price: $369,000.00
# Effi...
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I will like to know how you guys think his administration will affect Real Estate and Investors.
I have listened to diverse opinion on this from folks that are not investing in Real Estate but I will like to hear fr...
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I am going to take a loan of $25,000 out of my 401k for a house hack. My wife’s student loan is an income based repayment plan. As I pay my 401k loan back, will this in anyway help lower the loan payment?
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This is about the best place I can find, and here is my question. Once I open my Solo 401k, can anyone recommend a bank or brokerage house to open an account? I have a desire to invest in the stock market, with the ...
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I am interested in starting a flipping business with a friend. This friend is already a successful flipper, but needs more capital (so we can buy at auctions, etc., for cash).I lost my job of 28 years, and have a 401...
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I am a current resident of the DMV (D.C., Maryland, Virginia) in which I own a multiunit (4 units) and a condo. I am not willing to purchase again, in the DMV for it is too expensive! Originally from Minnesota and des...
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Hi, I am newbie (just had my first successful flip). My plan is to start using 401k $ to fund next flips or buy and hold deals. Here are the two options I am thinking about: 1. X-fer from old 401k to Solo and start in...