Jason Bilbrey
Using Bank & Seller Financing for minimizing money down?
I'm looking at a property around $900k and wondering how I could possibly get a commercial loan to fund 75% of it and use either seller financing for 20% and cash for the remaining 5%. Do commercial lenders care where...
Mike Polizzi
Hurricane Sandy Re-Build: Need Advice for my Parents!
Hello BP, I need your help now more than ever!Here's the scenario: In October 22, my family found out that our life life long vacation home/rental property was absolutely demolished in Hurricane Sandy. Although my par...
Spencer J.
I think they are smoking in the apt
Lovely, I saw a few warning signs about a month ago, but I got confirmation today. My wife and I are New Hampshire property owners. My tenants 14 yr old son has been smoking cigs/pot in his bdrm for the past few mon...
Corey Frank
Funding rehab with 401k
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...
Brittaney Abodunde
Not renewing lease but also have not paid rent
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...
Trever Good
SDIRA + LLC partnership tax benefits
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...
Daniel Dietz
Mixing SDIRAs, Conventional & Financing on Portfolio of Property
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...
Daniel Dietz
SDIRA Questions before I set things up
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...
Lyuba Barrington
Buying owner occupied 4-plex with FHA or VA loan
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...
Kumar Paj
SDIRA vs Solo401k - IRS have any issue with Checkbook control?
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...