Hello everyone. Can anyone help me with information using your IRA (Roth) for real estate investing? Specifically, can you setup a self-directed IRA and use that money to invest in your own real estate investing, say ...
First, I'll lay out the facts and then I'll follow that with the questions...
The Scenario
1. We purchased a house for $467K as an investment property in January, 2022 (the 3rd in our portfolio and in no way would b...
Hello BP community!Looking to purchase a $110K townhome with existing HCV/Section 8 tenants ($1350 rent, $1000 govt $350 tenant) with my LLC.Loan amount would be under $100k assuming I would be putting 20% down, unles...
Having spent some significant time working with borrowers buying and selling property who are trying to complete a 1031 exchange, I thought I would post regarding my experience.1031 keys:1. Defer income tax.When selli...
I would love to get some insight from anyone on the site who has dealt with this situation.
I think many of us are aware of 90-day deed restrictions. Has anyone had any trouble borrowing funds to purchase an FNMA ...
Hello everyone.
I am in the middle of what I thought was the end of my eviction process (roughly 4 months to date). I received in the mail a judgment from the Worcester, MA Housing Court giving me (the landlo...
Inspector says potential standing water issue during heavy rains. Top pic shows his concerns and are the “before” photos. Turnkey company “made the repairs” in the bottom two photos by installing gravel so that wate...
Hi, This is a bit complicated... Multi Family purchasing, Have you ever prepared an OA for your LLC when adding a member that isn't investing money***? It is common when the deal is bigger than your normal practice an...
Property manager not responding to my email or phone. I have not received last month rent. what should I be doing?
Hi everyone, I'm planning to move to Cleveland,Ohio and had recently purchased a property. I find that the market rents in Cleveland are pretty decent and compared to the state that I live in currently all the 3 major...