Greg Wright
Using a self directed IRA for rehab.
Has any rehabber used a self directed IRA for rehabbing houses? How do you handle the profit. Does it have to go back into the IRA which would seem to defeat the purpose as you couldn't make any money to live off. If ...
Nicholas Kelling
DOD skillbridge in Houston TX
Does any one know a DOD SkillBridge program in Houston TX?
Jason Deck
Buy and hold in an IRA - Pros and Cons
Does anyone have experience holding property from a self-directed IRA? I am trying to get a handle on what is possible, and the pros and cons? For example, can I use IRA funds for a down payment, or must I make an o...
David Hilleke
Choosing between applicants
Hello all!First rental hit the market 3 days ago and I've been swamped with interest; it's a great problem to have but now I've got questions.First question is in regards to adverse action letters. Since their credit ...
Kyle Deutschmann
Freddie Mac expands guidelines to allow rental income from ADUs
For all you potential (and current) house-hackers out there - Freddie Mac announced recently that they are expanding their lending guidelines for conventional mortgages to allow rental income from Accessory Dwelling U...
Mike Jones
EIN# for Property LLC under a Holding LLC
When you have a Property LLC owned by a single member Holding LLC, how do you obtain an EIN# for it? Do you apply for the EIN# using your SSN as the member and owner of the Holding LLC or you obtain it by using the H...
Stanley E.
Qualifying for a loan to my self-directed IRA
Hi BP. I own a SFR through my self-directed retirement account that rents for $600/mnth. I want to pre-qualify for a loan to my self-directed retirement account to get ready and purchase my next SFR. What would be the...
Sarah Pelton
Applying for New Hampshire Meals and Tax License
Hello--I will spare you the details, as I should have known better anyway, but I have been remiss and never applied for a NH meals and tax license and now have three STR properties in NH. They are all under different ...
Account Closed
Broker requesting 401k statement for a mortgage loan.
I applied for a mortgage loan through a local broker that was referred by my realtor and was instantly Pre-approved because I have pretty good credit. I now have to provide the routine documents (W-2s, pay stubs, ta...
Eran G.
Investing in notes within a self directed IRA
I frequently read that investors purchase their notes within a self-directed IRA. I understand the idea to be that the capital gains associated with the interest payments the borrower pays the note holder are then no...