Hello all, Quick introduction. I am a growing investor here in South Texas Corpus Christi who just started off of a mentorship from Clever Investor aka Cody Sperber about 3 months ago. After completing all of his mod...
Scenario:
An SDIRA owns a property.
The beneficiary of the IRA wants me to loan money to the IRA so that the property can be rehabbed.
My understanding is that the loan to the IRA has to be non-recourse.
My unders...
If I own a junior lien note on a property, and I foreclose on it and take ownership, I can avoid the possibility of the lender calling the loan due.
However, without authorization or a POA from the borrower, it's n...
Hi everyone! I wanted to start a thread on borrowing against my house. I have a home in Portland, OR that has about (just guessing) 75-100K in equity. I'm looking at buying a 150-200K condo in Scottsdale, AZ with a go...
I am in the beginning stages of investing in RE in the Baltimore market via fix and flips. I am planning on getting started with a partner who I have a working relationship with and trust. That said, I still want to p...
I've been doing some direct mail marketing and a guy called me about a plot of land. The government owns a building next to it that they've put money into to fix it up and they aren't using it. The building has no par...
Alright so I just got a juicy list of probate leads farmed up. I was fortunate enough to find some actual phone numbers on some of them.
So just your two bits, how would you approach a PR when inquiring about...
Hello BP,Can someone help explain why self-directed IRA’s are subject to UBIT tax on non-recourse loans but a solo 401k is not? I understand that the 401k is considered a “qualified plan” but, in my eyes they both hav...
Usually I try not to get ahead of myself because until it is in your hands, you don't actually have it, but I'm just too damned excited. My wife and I just got the email from our real estate broker that "our offer is...
I read a number of blogs and heard a bunch of podcasts that mentioned the idea of beginners bringing value to people who are already in the field. The idea is that people's time and experience is not free and it i...