John Hyatt
Can you use a 401k or IRA and keep cash flow now?
Hello,
Can you use your 401k money or IRA money to purchase a real estate investment and keep the cash flow now? I see all over the internet a short answer of no, but what about the following situations:
1) example:...
Phong Lam
Can Self-Directed ROTH IRA purchase R.E. with tax-free?
Hello BP Community,How are you? Hope all is well! I'm a fairly new member on the BiggerPockets.I just have a question for you regarding how to use a ROTH IRA funds to purchase real estate properties. Since all funds a...
Tony Pellettieri
Loan product to avoid impending failure??
Based on the research I've done, I believe we need a Bridge Loan. What do you think? Details below...
We need a FAST cash-out loan product that requires only the personal guarantee of my business partner (60% ownersh...
Dmitriy Fomichenko
Getting in trouble with self-directed IRA?
One of CPAs we work with sent me their client who have gotten themselves in some trouble with their self-directed IRA.
The client opened self-directed IRA with IRA Resources Trust Company. Then he created an LLC wit...
Justin A Edmonds
CPA's: 1 LLC, Multiple, or DBA's under 1 LLC?
I plan on breaking into the real estate industry with rental properties. I hope to acquire multiple properties. Doing so, I'd like to know what is the best way to go about registering these properties. Should I: ...
Account Closed
Buyers refusing to show proof of rental income
My first deal....fourplex. FHA. Under contract.Deal will cashflow $50/unit. Rents can be increased probably 100-125 per unit.This is acceptable to me.However, buyers refuse to show any proof of income and DD period is...
Jaredith Mize
Newbie Needing Some Advice
I'm new to BiggerPockets and I'm working on my first deal. I have been involved off and on in the rental business with my dad and grandpa. I also did a flip with my dad several years ago. Anyway, I am buying a duplex ...
Cristian Alcaraz
Hey! Plz share some wisdom To get my First Fix and Flip.
I started as a wholesaler, and done 3 deal so far in 2months doing cold calling from lists I’ve got.
I’m clueless when it comes to the process of getting a home for myself to flip though? Considering I usually off...
Rick Garrido
Using Self-Directed IRA in a Defficiency Judgment State
Hi, All,I'm considering purchasing a property in Ohio using my self-directed IRA for the downpayment. However, I'm being told by the account custodian that loans on a self-directed must be Non-Recourse loans. Since ...
Tyler Caruso
Self Directed Ira question
I had some funds remaining in my self directed ira and wanted to see if this would be an acceptable transaction.Here's the scenario:Tyler's (me) Ira lends 50k to John (made up individual) via secured promissory noteJ...