Tom States
401k rollover to checkbook IRA LLC?
My game plan was to rollover my 401k to a checkbook IRA LLC. But the mortgage company wanted to close fast on a short sale before I could set up the LLC, so I had to rollover my 401k to a traditional IRA and take a di...
Jim Sestito
You found an awesome deal, now what.....
OK You found the deal - commercial 10 unit property - Safe estimate $100 cash flow per door after all expenses/P&IYou found a bank to lend 80% of purchase price.Now you need 20% down payment. DO YOU.....Drain 65%...
Desmond Alexander
1% Down Quicken Loans Could work for 1st time Investor
I ran across this today. I am not sure about all of the details but this could be a great way in for a first time investor. what do you ladies and gents think? Any vets have any advice about this?
***Quicken Loans i...
Michael P. Lee
Vanguard and other retirement accounts for real estate investing.
Wife and I have a few separate retirement accounts throughout the years of working at different places. None of them have the capability to direct the custodian to use the money for real estate investments. 1. How ...
Account Closed
Creating a corporation and BLOC
I am about to close on my first rental property. I am planning to create an S corp from the advice of a CPA. My question is, I've been searching for 5 tradelines for my new corp to get Paydex credit. However, I think ...
Daniel Guillermo
Can my SD IRA and I lend to the same borrower?
I was hoping someone here would know the answer to this, I want to make sure this is not considered a prohibited transaction. Can I lend money from my self-directed IRA to a company and also make a private loan to th...
Joe S.
Buying a car with my LLC
I’m interested in securing an auto loan through my LLC. I have good credit, but don’t want an auto loan on my personal credit. Has anyone had experience with this?
John V.
Investing in Note funds - use LLC?
Hello all, I am considering investing in a note fund such as PPR's offerings (not in notes directly at this time). Those of you who are doing this, are you doing so directly or have you formed an LLC or the like to ...
Caleb Carlson
Tax write off for my LLC
After 1 year with my LLC I'm wondering if it would be smart to sell my personal car to my LLC as a tax write off. Has anyone ever done this before? Is this a bad idea? Thanks for your input!
Chris McPherson
Looking for first deal and have some concerns.
Hello all!I am looking for my first flip and wanted to reach out for a little guidance.I have a deal that my overly cautious side is telling me to run away from but my "get your first deal!" side is telling me to know...