Hi. This is my first post here on BiggerPockets and I hope someone can shed some light on a question of mine.I am going to create a self-directed IRA (SDIRA) LLC (aka a checkbook IRA), and I have spoken with several f...
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Looking at getting started in multi family acquisitions and I wanted to pick the brain of the members on the site for some questions/topics that are not discussed as much. These are a bit more detailed on the GP side...
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Hi All, I am closing on our deal this December 30th, for a 4-plex. It is currently fully rented, which is great!HOWEVER, as it sits, the landlord currently pays all utilities, (which will be changed immediately into t...
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I'm just starting to invest in real estate and am wondering if I should just take the 23K to roll into a self-directed IRA or the +18K and use to fund my LLC for real estate after tax withholding? I'm finding that pu...
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Two questions for anyone willing to help a newbie.1) what is the point of a roth or traditional IRA if you can only add 5000 to it each year. I am 30 so that means I have 29.5 years I can add to it. If my math is corr...
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I am new to this and have my first SFR college rental under contract. I am now seriously considering walking from this deal!
Here is the situation:
I made my offer June 2 and it took them 4 days to respond to my off...
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I have been analyzing a 10 unit apartment building. I found it through a traditional broker not a comercial broker. Seller is providing scanty records such as no Rent Roll or detailed expenses. I have submitted an off...
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So I just received an intriguing offer on a property of mine from an investment/wholesale company. I bought this property in August of 2019 for $60k. I spent 6 mos on a complete rehab by myself, put in about $15k. (20...
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If you've got the stomach for a complicated story problem from a newbie, I'd sure appreciate the insights of more experienced investors on my next move. The gist of my question: How do I best maximize the opportunity ...
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I’ve talked with several lenders and have found a few that do have programs to loan within an LLC. The problem is the rates are so high (6.5% -8.5%) for a 30 year fixed that it would require me to get a really super p...