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