Hey all,Has anyone every started a real estate business with a full or partial rollover of their 401k?I heard you can only do this with an S Corp startup but I want a series LLC.Any advice would be greatly appreciated...
I have a business opportunity to partner with a friend in purchasing Property. I prefer using my s-corp for loan/deed purpose. Friend has their own business as well. Can we use both are business to acquire property, ...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,100,000
Cash invested: $250,000
Acquired a 15-unit building in St Paul. Average rents in place for 2BR: $8...
We recently acquired a cmx-1 property and have a small commercial unit. I’m very familiar with residential leases but less familiar with commercial. I’ve worked one up from a few resources.Anyone have specific verbiag...
Hi, I just bought my first rental property, I am looking to acquire more single and or multi family rentals as soon as possible. I am wondering if I should hold these rentals in a corporation/LLC or in my personal na...
I recently discovered a single family property near my home that is technically still owned by an estate and will be going into foreclosure as of 9/19/23. The owner is deceased and It is scheduled for tax deed sale. ...
Hi. I am the the process of acquiring a commercial property with a total of 12 units. 4 Retail, 8 residential and 8 storage units. There is an additional building lot included as well. Purchase price: 745kMonthly ...
I need some advice on rental bank accounts. So I have an llc and business account set up for that llc, but I just bought a duplex with an fha loan which isn't in the llc because I couldn't get fha approved for the llc...
Hi All,I have a simple, but silly question... I closed on 2 properties this past years. Let's say $350K, 50K down, seller financing at 6% IR with a 5 year balloon.Let's say I start to shop around and to transition fro...
I built a sizable real estate portfolio cash flowing about 5100 a month. I want to know if anyone in here ever cashed in their IRA/401k's--- took the penalty and invested in real estate cash flow?