Jerry Baldwin
Save for down payment vs borrow against equity?
I have a two family house and the plan is to buy another one in 4-5 years. Keeping the current one, rent out both units, and move into the new one. We've been saving up for a down payment to do 20% down. Currently hav...
Robert Chaiton
Self-Directed Solo 401(K) Real Estate Investing
Hi BiggerPockets,I have read the book advanced tax strategies and want to take advantage of the Self directed Solo 401(K) I have a few question and was hoping the community could help me out.Currently I have a W2 job,...
JC Conchas
Solo 401K for real estate purchase
Hi everyone,I'm leaning towards opening a solo 401k vs a SDIRA, for buying and holding multifamily properties. But I have a question that I would like answered before I can make a final decision.My question is, I unde...
Peter Schaub
Multi-investor Projects
Hi BP,I have a question about forming an LLC that has multiple capital contributors with the aim to flip houses. From what I've seen, a fairly common partnership is one operator and one capital partner. In other words...
Nicolas Ake
HELOC in a LLC, tax question
My 50/50 partner and I intend to use one of his properties as a HELOC for a downpayment on a hard money loan. Should we transfer the property into the LLC and then open the account/HELOC? My current understanding is t...
Iven Stevenson
LENDERS? Are you created equal.
BP Family. Newbie here! Well i'm ready to take the dive into real estate - cash flow heaven. Meet with a private lender and he sent me back these numbers (see photo). I've used the BP Rental Calculators to estimate my...
Wa Chan
Thoughts on pulling out retirement to invest in Real Estate?
Hello everyone!I'm a newbie to real estate investing and the quest for early FI. I've been saving to invest in my first property (likely a house hack either multi-family or renting rooms in a single family) in the Por...
Samuel Lacroix
Need validation on my financing set up.
I just want to make sure my math and thought process is right about this.I'm currently looking into a 335k projet that need 75k (cashdown, legal fees, some repair, etc). I would buy with my father. I pour 30k cash and...
John Thak
Coworking Management Agreement Structure
Looking for some input on structuring coworking management agreement from landlord prospective. Looking for what's market in the following areas.- ideal revenue share model, (current proposal pays the operator first ...
Catherine C.
Moving money from LLC bank account to personal Roth IRA
Hi All. What is the best way to do this? There is money in our business LLC bank account, however we'd like to transfer $6000 (the annual max) to a personal Roth IRA. Any tips appreciated, thanks!