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Does anyone have advice on obtaining proof of funds letters? I’ve seen advice about getting your cash buyer to provide one, but I’m trying to focus on on-market deals and will need one up front. Tips also welcomed!
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Hi all. I self trustee my solo 401k. I am in the middle of refinancing a property in preparation to purchase another. Underwriting wants statements from my 401k. In this case, I have the solo 401k with the various ban...
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Hi all, my partner and I plan to grow our current portfolio of 5 units to roughly 25 units over the next 5 years and would like to figure out what the best structure would be to hold the properties from both a liabilt...
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Newbie here, I am looking to go into contract on a 6 family. For a point of procedure, when should I be presented with the actual income and expense information? Should I have the information prior to an offer or a...
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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 ...
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Hello Everyone,I was wondering what types of credit checks are available in Canada. With the recent news of Equifax - should we still be using that company or is there any others options that match what Equifax does?...
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Hello BP community,I changed job 6 months ago. Now I am required to move my 401k funds from my previous employer and while exploring the options available I am more interested in moving these funds to self directed IR...
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A few years ago I converted a few 401K's into one self-directed/checkbook IRA. I setup an LLC that facilitates the financial transactions on behalf of the IRA.I recently purchased a vacation rental via the LLC, from ...
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Hello BP Members,I'm a newbie from Texas investing in my first property. I am excited to be looking for financing on my first property and am currently negotiating a finance deal with a private lender. As part of our ...
Hello,We are Real Estate Investors, Property Managers and General Contractors located Upstate NY (Montgomery and Fulton County) We current own/manage ~250 units and we are in need of a part-time Real Estate Bookkeeper...