Vee Vu
When can I rent out my owner occupied house?
I’ve been talking to a few lenders about how many months I have to actually stay at my house, before I can rent it out. And get another owner occupied mortgage for another new house. But I’ve been receiving different ...
Mike Schorah
Could I invest in the midwest (CLE/OH) without BRRRRing (turnkey)
How risky is it?
I learned that I could get a $20K HELOC from my primary residence. I have $15K in old 401Ks that I could rollover into a SDIRA and I have $15K in cash saved up. That’s roughly $50K, but I prefer to u...
Beatrice Borges
No luck so far with non-recourse loan, need advice re options
A couple months ago I moved 76k from a traditional IRA to a SDIRA. I now have a pending contract on a brick 2-flat in Chicago ($138k), but am having trouble getting a non-recourse loan. I was rejected by one because t...
Josh Longtin
IRA loan for SFR investment deal.
My wife and I have found the deal we have been waiting patiently for. Ultimately, we would like to use her IRA to fund the deal (flip). Has anyone had experience doing this? I am not familiar with the legality and ta...
Bil Casimir
LLC
Hi Guys,I have been helping my flip homes through her self directed IRA. We are shifting our focus to duplexes and I recommended we setup a LLC for protection and tax benefits. How would this scenario worked if I am h...
Andrew Rushing
Actually liqudate my 401k?
Hey everyone, probably dumb question, but im actually interested in what everyone thinks... Im very new to all this. Dont own any properties, but have a goal set and have done a lot of research. I have 2 small 401ks (...
Stephanie Curtis
Funding my investment business from a 401K
My dad would like to lend to me using his 401K. He has been retired for a few years and would like to avoid the tax hit. How can he invest with me without being penalized? I have been researching the Self-directed...
Vinny Incognoli
Trying to purchase a second property.
I currently own a rental property for about 10 years now. It is a condo though has appreciated over time and I was able remortgage a few years ago and utilize the money to purchase my primary home. So in essence I ...
David Jones
IRA and 401k for buying real estate
Did you know that you could use a self-directed IRA in order to purchase real estate? I have spoken to a couple of different companies that specialize in this. Before I start referring clients to them I wanted to k...
Derek Sym
How do I best use my starting assets?
First of all, first time poster. I just want that first post award!Secondly, thanks for reading this!Here is what I'm looking at:- As an Army Vet I have the VA loan to use. I would like to buy a 4 unit multifamily and...