Hello biggetpockets community! After months of studying and looking I think I have found the one. My first rehab. The numbers make sense and the renovations are simple enough not to be overwhelming. However, to fund t...
We currently have a tenant whose lease is coming to an end at the end of March. We plan on not renewing their lease. However they have forwarded us a letter from Community Action Covid -19 emergency rental service whi...
Hello all, We are working on a potential deal that could involve up to about 16 units with a value of about 1.25M. There are 3-4 of us interested in partnering on this deal. 3 of us, myself, my brother and father alre...
Good morning BP, I’ve poked around the forums for a couple days trying to find a specific answer to this, and while I have found answers to parts of my question I’d like to see how they all fit together for my circums...
This is a hypothetical question right now, but if I were to set up a SDIRA could I make the SDIRA trust a partner in any personal real estate deals I pursue without running afoul of IRS rules regarding personal benefi...
I was at an event where the speaker (Bill Bronchick) mentions he uses his Self-Directed IRA to invest in properties; however, I can't recall the term... But he basically said he runs it out of his own check book. Alm...
Hello,
I have a BUNCH of questions about SDIRAs! I will put them under a couple different titles to keep things easier and clearer within the threads.
I have acquired the right to but a great older immaculately maint...
Hello everyone!I think I've read everything (on BP forums) regarding 4-plex bought by owner-occupant.Question: Does anyone have recent experience with VA or FHA loan on a property like that?My buyer is concerned about...
I've been looking into SDIRA vs. Solo 401k options for a while and read many posts related to that. Based on my reading and understanding, it seems that that Solo401K is a much better option than SDIRA-LLC and one can...
1. I am going with a gentleman by the name of Jeff Dixon with uDirect. anyone out there have any information re: individual or company?2. am leaning towards "checkbook control" with IRA purchase of LLC, which holds...