Ibrahim Hughes
Question About IRS Liens
Hi All:
I'm working with a seller where all 3 liens are showing up under the same serial # and recorded doc (Notice of Federal Tax Lien recorded with the county).
2 of them have passed the 10 year refiling date so t...
Tyler Hespeler
Potential First Deal
Good Morning All,I am meeting for my first potential deal today and I wanted to post the details up here so I can listen to any feed back.-It is a deal with a private seller-Its a 2 bed 1 bath in Groton, Connecticut a...
Todd Magin
Strategies for using a Self-Directed IRA
The way I see it, there are basically two ways to use an IRA to finance investments:1) Have the IRA "buy" the property and ALL income and expenses are paid to/from the IRA. If financing is used in the purchase of t...
Mike S.
Roth 401k vs deductible 401k + conversion
I was usually using option 1, but I was recently introduced to option 2 and would like to get feedback on its caveats:Option 1:- Contribute to the Roth portion of a 401k (lets assume $50k)- Invest this $50k in a syndi...
Ryan Flake
Help with quit claim process
Hello,
A few years ago, I needed my father to co-sign on a mortgage with me to buy my first home. We decided he would just buy the house instead and I would pay in an unofficial mortgage each month. I moved out of th...
Audric Fauteux
Buying Wetlands
There is an opportunity in my state (Massachusetts) to buy a tax foreclosed property which is right on the beach. Unfortunately, it's zoned as wetlands, the only lot on the street that a marsh juts into. A little less...
Jonathan Soto
Using HELOC to become a HML
So I have quite a bit of equity in my home and was looking to get some information on becoming a HML. I am located in Miami and would like to mainly work with flippers using six month loans. Any information would be g...
Chris Steil
Newbie from CO, KS, MO w/ Flooring Background
Hello All,My name is Chris Steil and my wife and I currently live in Colorado Springs, CO. Although we travel quite a bit to Kansas City and some surrounding areas in KS and MO. We are getting into the process of obta...
Julie Smith
1031 Exchange Questions Husband and Wife
My husband and I have been buying rental properties for several years now and are getting close to reaching our limit of ten each. We buy 1 solely in my name and 1 solely in his. When we started this venture about 8...
Greg Stetz
Im a tenant and I want to buy owner financing?
Hi - I currently rent from the same landlady for a long time. We have a great relationship and the home is located in an amazing neighborhood that my wife and I love. Anyways - the landlady is somewhat of a buy and ho...