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I am trying to understand how this deal could be structured. Assumptions: new LLC being formed in Texas to buy a multifamily with recourse financing. Three people/entities, one of the three is a SDIRA LLC. Capit...
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Hello BP experts,
I hope you had great holidays.
I am facing the following situation:
I need to put 25% for my next investment. I have some savings in my bank. However, the rest of the down paymen...
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Hi BP! My name is Riquelmy Sosa. I was born and raised in NYC and still reside in the city. I am completely new to the real estate field. I have worked with housing development corporations in the past and been expose...
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I'm considering cashing out a modest 401k and combining that with cash to purchase a 4-plex. I have seen lots of discussions about the pros and cons of cashing out. Some people suggest solo 401k or self directed, or j...
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I talked to a representative about making my 401k self directed to invest in real estate this morning. He said I can not invest directly in real estate with a sd401k but I can invest in an LLC with the sole purpo...
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Hi everybody
New to BP, have been lurking for a few months. My wife and i have recently decided to get into real estate investing and have purchased a foreclosure at bank auction. Our long term goal is buy an...
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This sounds like a legal no-brainer, but wanted some back-up from the group. My PM in Columbia, SC notified me of a potential water heater problem last August. I recommended they make the necessary repairs. Since I ne...
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Hi guys,My name is Sunny, and I'm originally from California (the Bay Area). I moved to Manhattan about a year ago, and recently came across 'The Book on Rental Property and Investing'.I'm a newbie to real-estate, and...
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Hey folks...botched my first intro and then read the instructions.
New to this and looking at it as a potential way to supplement income and then eventually get out of corporate America. I am nervous/intrigued/excit...
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Hello fellow BPs! I’ve worked and saved up about $30k. I want to get into real estate investing, but not sure if $30k is enough. My long term goal is to have enough long term and short term rentals to quite my 9-5. I ...