Jim Goebel
How ti buy RE at County Auction with Self Directed IRA
I'm wondering if anyone is aware of service providers, and also, how this would work:We have our eyes on some auction properties (IE: county auction) - we have funds within a self directed IRA custodial account, and w...
Scott Titus
Transactional funding
I put in an offer for a property. It cash flows for $250 a month, 12% cash on cash, Equity $30k. (BP rental calc analysis). Purchase Contract is not assignable without sellers permission. Thinking I am going to use tr...
David Huynh
Tax question - Cash out refi? I don't understand
Hey guys,I'd like to understand the tax ramifications on cash out refinances. Is this a way to dodge paying taxes until a later date?Let's say I find amazing deals a couple times a year and purchase with cash. Purchas...
Elbert Grim
Joint Venture Opportunity
Investment Info:
Single-family residence hard money loan investment in Shawboro.
Purchase price: $175,000
Cash invested: $750,000
Sale price: $1,450,000
This is a current transaction that I'm wor...
Phuong Dinh
IRC SECTION 408 IRA Mutual FUNDs
HelloCan someone help explain the process of using IRC Section 408 to buy investment property. I have some money in my mutual fund with Vanguard that i want to use for a down payment on a rental.any suggestion would b...
Zachary Roberts
Business Credit as Down Payment.
Hello BP community! Currently at 5 properties. Four from moving every year and one from putting 20% down for an investment loan. However, this process is feeling too slow using my own money. Has anyone here created an...
Christopher Oliva
where should we to for look for rehab funds?
My business partner and I are in the process of securing a property for a fix and flip. its looking like the estimated repairs are going to run about 30k. What would be the better route in order to get funding for t...
Steven Bommarito
Transactional funding
how does tansactional funding work? Do I need to have enough money personally to cover the loan if my buyer walks? I need someone to explain this process please? Thank you
Anthony Zotto
Deal funding question
Hello BP!I am buying a duplex about 80k under what it will appraise for. I have the private money lined up for the 25% down payment. Purchase price is $210,000. Buy of course banks won’t use “gift funds” and I don’t w...
Mike Matern
HELOC as Down Payment on Duplex
I'm trying to purchase a duplex with my parents. They are considering getting a HELOC on their current home which is paid off in full. The duplex is for sale for $300k. Is it possible for me to get a conventiona...