Dustin DuFault
Can I combine self-directed 401k money with other savings for acquisitions??
I'm trying to work out acquisition scenarios with my various 'bins' of money to facilitate a flipping strategy. I've researched the solo 401k option and feel this will most closely align with what I'm trying to accomp...
Billy Rogers
Can I take cash out of Self Directed IRA and Pay penalty
Can I set up a self directed IRA, invest in rental properties and pull out the cashflow every month and pay the 10% penalty until I'm retirement age?
Venky B.
Can I use my current job 401k funds to invest in Real estate
I am an employee holding 401k plan from my employer. Is there a way to use my 401k funds to invest in real estate for buy and hold.
Thanks in advance.
Venky
Lee Burns
My first [MFH] deal...yikes!
So I'm looking to engage in my first deal as early as June! I've made a small business plan, browsed for properties and lenders and ran across a few, but I don't have much capital except for a tiny savings and a smal...
Bienes Raices
LLC and the security deposit
For those that own multiple LLCs, how do you handle the security deposits? In my state the law is the deposit is supposed to be held in it's own bank account and not comingled with any other monies. That could become ...
Kenneth Burke
Is it dangerous to mix business-personal finances with LLC ?
I recently refinanced the mortgage on my primary residence and combined the loans I took out to purchase my investment properties. I have three single family, long term rentals with separate LLC's and business accoun...
Casey Rolland
Partnering btwn SD-IRA and your Cash in Equity Trust?
I went to a seminar held by Equity Trust yesterday which was very comprehensive and I picked up some New Info about buying a property with money combined btwn your SD-IRA & your Cash. I have traditional IRA in Equ...
Arthur Fuller II
Does the 70% rule apply in SoCal?
I've noticed as I'm trying to analys deals that I'm see properties purchased at closer to 80% or if its a 70% of ARV there doesn't seem to be any room for rehab or holding cost. Should I be working from a higher start...
Jason Greenway
Just Looked At My First Property. What Next?
Today I looked at my first potential 'buy-and-hold' rental property. I wanted to run the numbers and what stage I am at now, and to look for help as to what I should do next, or what I am missing in the equation, or h...
Corbin Jones
Asking for advice on taxes and accounting on one property.
Hello all,I just closed on my first property (single-family home) in Milwaukee, Wisconsin, and I will be managing the property myself. The tenant has lived there for five years and has been very reliable. The least ap...