Eric Sender
Deducting Interest in 2018?
I am a CA resident looking to start REI, most likely as a sole-proprietor at first. I am expecting that all my expenses concerning the investment, such as interest, will be a write off from my REI income. In fact I ha...
Spencer R.
Traditional 401k, Roth IRA, or neither?
Hi everyone,Just as a quick backdrop: I am a 23 year old working a full time office job and contributing 8% (4% traditional, 4% Roth) to my 401k, and getting 4% matched by my company.What I am wondering is if I should...
Tanner Gish
Self-Directed IRA and Self Dealing
Hey Friends, There is probably some seminole BP thread that asnwers this already, but I haven't found it yet. My account just put a damper on my plans to fund a Self Directed IRA this month with a 2015 max contribut...
Jason Bilbrey
Loan from Solo 401k AND Traditional 401k?
If I have a Solo 401k funded at $200k and a traditional (company ran) 401k funded at 200k also, can I take $50k loan from each to have $100k for a downpayment on a rental property?
Anthony Standard
Self Directed IRA funding
Hello BP Community,I have in a Self-Directed IRA. I'm ready to pull the trigger on purchasing my 1st multi-family property. My question is, when I buy my property and its cash flowing monthly, how do I reap the financ...
Tom Hawkes
Is getting a heloc to buy my first investment property a bad idea
I am looking to purchase my first buy and hold investment property. Is it a bad idea to take out a heloc on my personal residence to fund the down payment and closing cost?
Ryan Johnston
Proof of Funds vs Pre-Qualify for House Flipping
I'm looking to get my funding for future house flips and I'm planning on going through a hard money lender for my first deal. I'm starting to inquire about some of these loans and I'm curious as to what's more powerfu...
Joe Daigle
Labrador Lending LLC
Hey members,
Are any of you familiar with Labrador Lending? If so, what’s you experience with them? And, how long have you dealt with them? Also, are they consistent with their business plan? Any input will be ap...
Alex Craig
Which Self-Directed IRA to Use
Does anyone have suggestions as to which self-directed IRA to use for real estate transactions? I am looking to convert a old 401(k) account that has sat idle for some time into a self directed IRA to do short term (1...
Chad Mercedes
Self Rental Renovation
Hello
I recently have a rental property with tenants for over 8years. The wife and I are looking at performing the BRRRR strategy. I’m a tradesman that works for a contractor and have 20years experience in Reno’s and...