Henri Meli
Transfer real estate asset from LLC to self directed IRA LLC?
A few months ago, I purchased a real estate asset under an LLC. I put down 25% or a total of $100k.Recently, I learned about self directed IRAs and thought it could be quite useful to me. I do have a 401k with my cu...
Eric Stoltz
Quit Claim Deed to LLC on Fannie Mae Financed Property
I am getting ready to purchase multiple houses as investment properties. While the banker is telling me that Fannie Mae will write loans on investment properties as long as there is 25% down (30 year fixed) they do r...
Paul M.
5-10% Down 3-Unit Multifamily?
Hi All,Writing because I recently got into real estate... Last fall, I purchased a 3-unit multifamily and the experience so far has been excellent. As a result of the investment, I'm able to save money more aggressive...
Sage Baca
Funding cash only purchase
Hi all! Major newbie here with tons of questions on a possible stellar deal- Gonna set this up bullet point style and try to keep it concise.Deal Details: 2.88acre property (desirable mountain area near golf course). ...
Joe Houghton
Borrowing against a property I sold on a contract for deed
I am exploring my options for borrowing against a property that I am the legal title holder to. The buyers have been paying on time and have not missed a payment since the purchase closed on 7-26-21. They have actuall...
Felicia He
Private lender from North carolina
Hello everyone,My name is Felicia He. I grew up in China. Since moving to the US in 2000, I have taken several real estate classes but did not start investing until 2007. Since then, I have bought several residential...
Marcus Maloney
Financing earnest money deposit
I am relatively new to wholesaling, my question to anyone is: is there a way to have any lenders fund the earnest money for an REO wholesale deal? If not is there any possible way to get the EMD without using my own f...
Mattaniah Yip
Underwriter denied me for potential owner occupancy fraud
Hey guys! My husband and I currently own an owner occupied duplex in Los Angeles. We found another duplex .6 miles away we planned move into and finance via FHA. We were in escrow for about 20 days and everything se...
David Zheng
Whats your Cashflow Rule?
Hi all, Just had a quick question on what everyone uses as a rule of thumb for rental cashflow?just to make it simple... I'm talking about financed (20-25% down) 2-3 bedroom houses/condos that are in the 100-150k Rang...
Waylon Black
First deal of 5 SFR’s
Looking into possibly doing my first deal. My aunts new husband has 5 single family homes that he had built. All 5 rent for 500 each with tenants that have been there for years. He’s 71 and has always managed them him...