Tom Sheehan
Self directed IRA's
Once I have rolled over money into a self directed IRA, do I need to invest right away? Is there a time limit to invest?
Rick Barker
Underwriter's Condition Freddie Mac
Hello all,
We bought our most recent rental with cash and have been in the process of refinancing it for 3 months. Every time we think we'll close they come back and say the underwriter needs one more thing.
The ...
Ben Foullon
Holding Company Question
Hi everyone! I have an LLC and a friend of mine has an LLC. We formed a holding company where both of our LLCs are members. Are we able to transfer our funds to each other's LLC without worrying about taxes since they...
Avery Moore
Are there other ways to purchase Investment Properties?
Hey BP,I am a landlord looking to expand in rental properties. I've done it the traditional way of using my credentials; credit, job/salary, personal info. to getting a FHA loan. Although, initially the property was f...
Account Closed
Transfer Taxes on Double Closing
How many Wholesalers doing Double Closings are paying the Real Estate Transfer Taxes?These can be quite expensive in some places. For instance The State of Pennsylvania charges 1% of the sales price and the munici...
Marlon Ribunal
How Did You Get Started With Real Estate Investing?
I am currently trying to learn the basics of real estate investing. For a start, I'm about to read Brandon Turner's "How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started". Up next in my readi...
Jacob A.
Transferring property to LLC without invoking "due on transfer"
Hi all, I know this has been covered several time, but I think this is somewhat unique so I created a new topic. I'm in the process of buying a multi-family (3 unit) property. I'm taking title to the property in my n...
Isua Mbang
Has anyone used the “All in one loan” with CMG Financial?
I came across this loan product and was wondering if anyone has or is currently using it. It is basically taking your mortgage loan and having a 1st lien on it and it’s essentially a line of credit on your mortgage bu...
Ian K Laszlo
Should I get LLC for my first property?
Greetings.
I'm new to real estate with a question regarding LLC. Currently, I'm getting ready to buy my first property wondering if I should get an LLC. What I was told is you don't need one until you generate some...
Gang Liang
Looking for comments on how to obtain a Solo 401(k) plan
After comparing IRA LLC and Solo 401(k), I feel that Solo 401(k) is a better option to me. Since I dont' have a small business yet, my first thought to obtain a Solo 401(k) is as follows:
Open an LLC to have a part t...