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Results (10000)
Hem Kumar Using SDIRA to fund rental properties.
31 August 2016 | 18 replies

I am currently looking to acquire a fourplex for a buy and hold. My analysis have shown a potential ROI of 21%. I am funding this deal 100% with funds from my SDIRA. I need to know if after sometime and the question i...

Jaison Emmanuel Appraiser Value is less then Sale price? what should I do
6 July 2018 | 21 replies

Hello BP members...I have a flip home that's in the contract for $132K.The buyer is going thru an FHA loan, and the appraised value came out to $125.   The buyers don't have the 7K to cover the difference, and b/c its...

Daniel Rutherford Handling Down Payment and Closing with LLC
22 November 2018 | 11 replies

I am closing soon on a property that I am financing.  My plan is to do a quitclaim deed after closing to get it in my LLC's name.  Obviously one thing I want to be sure of from a legal standpoint is making sure I am t...

Ben Lin 1031 tax question for partial exchange
22 May 2024 | 12 replies

Hi BP,I sold my property in CA for 755k and bought a property in Houston for 400k. Now, after months of trying I could not find another property to buy. So now I have a boot of 355k because I didn’t find anything else...

Marysue Connelly how to avoid a lawsuit
4 June 2018 | 7 replies

HI,   I am looking to move my rentals into a LLC.  I would like to hear for anyone who has been sued.  What worked and what would you do differently if you could?

Ryan MacDonald First Wholesale Deal
7 May 2019 | 5 replies

Investment Info:

Single-family residence wholesale investment in New Braunfels.

Purchase price: $73,000

Cash invested: $1,000

Sale price: $88,000


Contributors:
Logan Fullmer

This ...

Ken Badziak How to deploy $50k in a SDIRA?
13 February 2016 | 7 replies

Looking for input from the BP Nation.I've got about $50k sitting in a SD Roth IRA. I want to deploy said money to start purchasing some cash flowing units.Although I'm down in South Florida, I'm looking mostly to star...

Joshua Durrin First Long-Distance Deal Closed
4 June 2020 | 2 replies

Investment Info:

Single-family residence buy & hold investment in Madison.

Purchase price: $155,000

Cash invested: $75,000


Contributors:
John White

This was a first-time venture f...

Jack Slattery LLC Question
10 August 2014 | 12 replies

A friend of mine has an LLC that he has never filed a tax return on.  Is that legal?

Jennifer Hillberg More LLC questions
8 February 2008 | 4 replies

Hi -- I need advice. My husband and I currently own 4 rental properties. 2 in Washington State
1 in Idaho
1 in Texas

We also own our own home in Texas where we currently reside. We do move every couple of years as...