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I'm curious to hear people's choices and reasons for using and/or reasons for not using any of the numerous self-directed IRA custodians out there.
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Hello BP family,I am new to the real estate investing world and to the BP community.I, like many people am interested in the thought/ possibilities of real estate investing but don't much cash to invest with.I have be...
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I'm having trouble figuring out how I would manage a property using funds from a self directed IRA. If I use an IRA I have a transaction fee ($35) every time it writes a check. So $30 to mow the lawn becomes $65 expen...
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Hi BP
I'm confused, what are the terms available for commercial loan?
Is it just 5 and 10 yr?
Are there 15, 20, 30 yrs?
It maybe the bank we were dealing with, I'm under impression its 5, 7, 10
Balloon, Arm
Is th...
I am in the process of moving several 401k and IRA accounts into a Solo 401k. This is a bitter sweet for me because it means I can begin investing in flips but also mean I cannot be materially involved in the improvem...
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Hello,Here is my idea, is it a good one?My wife is starting a new job and we are discussing options in regards to what to do with her current 401k that is worth $16,000.Our plan is to use whats left after income tax a...
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How can I get the down-payment to buy an apartment building? I need 20,000 as a down payment to buy the building. The price of the building is 120,000. is there any finance companies that can lend money in Illinois.
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Hello BP members!I've listened, read and debated a lot of material about using retirements funds in a self-directed IRA to invest in real estate. The rules seem really cumbersome and complicated, and since I'm still f...
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I will be purchasing my first commercial real estate muti-family apartment building. I need to know how much percentage of my 401k would be best as down payments and how much I need to reserve for upcoming expenses to...
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Hello everyone. Can anyone help me with information using your IRA (Roth) for real estate investing? Specifically, can you setup a self-directed IRA and use that money to invest in your own real estate investing, say ...