Account Closed
Activities Permitted with A Checkbook IRA
I have just established an LLC for my SDIRA. The purpose is to use this LLC to buy and hold a SFR rental. I intend to manage the property myself. Are there any restrictions against using a credit or debit card with th...
Anders Jax
What is a standard waterfall structure payback(LP paid first etc)
If $1m is invested by LP and annual cash flow is $200k for 5 years and asset sells for $2m, lets say for simplicity split 8% pref and 60/40 thereafter, so LP gets $150k in theory per year on cash flows before selling ...
Dillan Gomez
First-Time Investor: House Hacking with a 5/1 ARM?
Hey All!I'm planning to purchase my first SFH and do a house hack at the end of this year to get into the REI game! A local lender has a first-time homebuyer program that offers 0% down with no PMI and $2k towards clo...
Marcus Maloney
Structuring a Lease Option to Wholesale
I am working on structuring 2 lease option agreements to wholesale. I have the title company in place that is willing to conduct the transactions for me and the escrow officer has done numerous lease option transactio...
Joshua Dorkin
Is your community in a growth or decline stage??
I just posted a message in our blog about communities in decline or expansion, and wanted to see what our members think of their own communities.
Where do you live, and is your community growing or declining?
Also -...
Mack Owens
Thoughts on 8 Units being on a septic system?
Hello BP,Once again, I need advice. I am currently evaluating 8 units, all in one building and as the title explains, the property is on a septic system.I am looking for everyones thoughts and advice on whether or not...
David Richmond
Opinions on debt in a rental properties
If you can pay off the mortgage on your first rental property should you? And is it a viable strategy to then use a HELOC on the (now paid off) rental to buy a second? I ask this because my wife and I dislike debt but...
Dustin Summers
Private Lender (Down Payment) + Portfolio Lender Financing
Hey Team
The short version:
Who do I talk to about a deal where I have a private lender providing the downpayment and a standard portfolio lender providing the rest? Do I need to tell the portfolio lender that so...
Miles Stanley
Dilemma: Accounting for CapEx
OK, I know this has been beaten to death on multiple posts and podcasts but I'm still having trouble figuring out the best way to account for CapEx figure. Don't pounce just yet..hear me out! This is probably analys...
Amy Silva
Good opportunity that could go wrong
Hi, I have an opportunity to purchase my parents home for $500,000 in the Bay Area (Home could be sold for about 1.2 mill). Obviously, I would love the chance to get ahead of this crazy market, but there is some agree...