Sam T.
Offering "all cash" w/ funds from HELOC vs. fixed-rate 2nd mort.
I'm a little torn between whether to use the equity I've built up in my portfolio to get a large HELOC, or take out fixed-rate 2nd mortgages on my current properties. The goal is to use the funds to make "cash" offers...
Sean Link
Part 4: Closing my first deal. An observation. Appraisal's can break a deal.
Every potential lender I approached unanimously agreed that my initial appraisal was a disaster, which led to the necessity of ordering another one. I even paid extra for expedited service, as I had already requested ...
Ane Deys
LLC purchase in multiple states
Hello all,
I am new to RE investing so looking for some advice / insight on a couple of issues; would appreciate any feedback I can get.I have 2 SDIRA LLCs created in Wyoming. I bought a property in FL with SDIRA fun...
Tracy Parsons
Shello Company, Land Trust and Series LLC?
I have 5 properties in two states and have moderate cash flow at this time. (Although It's is growing in the right direction:-)I am exploring issues about forming a shell company and putting the properties in an serie...
Jason Zhang
BRRR only works in certain markets?
Newbie here. I'm been looking for deals that I can implement the BRRR strategy. Correct me if I'm wrong...BRRR will only work in a market where people can buy retail and still cash flow?
Because it assumes refinance a...
Kevin Young
SFH Rental - 30 year vs 15 year
I'm trying to decide on a 30 year loan vs a 15 year loan. Purchase price for the home is $150,000. Rent is going to be $1450 a month. The big difference is the rate. Does anyone have any thoughts on this?
30 year
25...
Lee Liberman
Poll of largest lawsuit settlements
I wanted to see if anyone would be willing to share what the largest settlements they were involved in as a landlord. The goal would be to try to ascertain the amount of coverage that is needed for my insurance polic...
Account Closed
Eligibility/ Clarification 199A and Self Directed 401k
Me and my partner set up an LLC in CA (taxed as a partnership) in 2019. We are the only individuals in the company and performed over 1000hrs each this year and will continually maintain those hours developing our lar...
Larry Bowers
Does a foreclosure wipe out a lease for inherited tenants?
I've recently foreclosed on a property in MO as the lender. The inherited tenant and I are butting heads about me enforcing the existing lease and for now we're not communicating. The lease is poorly written, and with...
Steve K.
Handling loan default when lending from Self Directed Roth IRA
Scenario:-I lend private money sitting in my checkbook control
Roth IRA LLC to a 3rd Party LLC to buy a Real Estate. The Mortgage
was recorded in the first lien position. Mortgage had a confession of
judgement clau...