Herman Homes
Transfer Home with Person Mortgage to Multi-Member LLC
Hello, I would like to purchase rental property with a business partner and ultimately house it in a multi-member 50/50 LLC. We realize we won't be able to finance the house through the LLC directly, but it seems pret...
Paul Kit
self directed IRA invest in LLC
Do I have to prepare extra money in my self directed Roth IRA for maintenance/repair/tax/insurance if I invest SDIRA into LLC ?or once I establish LLC then I can use my personal fund to take care all that?
Armand P.
First time investor
Hello- What is the best way or method on getting into real estate investing for a person who has some $ to start? My long term goal would be to buy multi family units. What I believe makes sense is to flip a few homes...
Donna Lockwood
Self Directed 401K Questions
Hi, I have a few questions related to using funds from my self directed 401k.I purchased a flip through a hard money lender and my note has come due. I'm going to lose regardless on this flip because of the interest a...
Amanda Berg
heloc + self directed ira to flip
Hello BP community:Recently I have been in the process of talking to a lot people regarding buy and holds and flipping.By some luck I met a woman who has been flipping for the last 20 years and has offered to walk me ...
Chad C.
How does LLC owner get paid and tax consequence?
Hi, all, I see in this forum many people are recommending form a LLC and use the LLC to hold rental for asset protection purpose. In doing so, one of the main step is keep all the funds separate from personal funds, w...
Chawn P.
Using Personal HELOC to fund deal for Business property
Hello All,I'm looking into to purchasing my first rental property but I have a lingering question that has been bothering me for weeks. Is it a good idea to use my personal HELOC to purchase a rental property that wi...
Zach Simpson
How do YOU personally fund your real estate investments?
I'm working a 1099 sales job doing door to door pest control to support my small family while trying to finish school. I've had a couple ideas. Usually they revolve around using sales to fund real estate in the future...
Duane Richards
Funding Properties (personal vs com) while maintaining OZ status?
I created an LLC in 2019 to invest in an opportunity zone, and now those properties are getting ready to close. I need to get lending for these properties, but as I understand the OZ qualifications, the properties nee...
Tim G.
Evaluating a property for personal residence and funding ideas
I'm looking at one tomorrow. Comps are all in the 440-490 range completed and this one is in the low 3's right now in need of no structural but a full rehab. Landscaping, windows, floorplan, kitchen, bathrooms etc. ...