Rudy Planter
Funding An LLC From W-2 Income
Hello all,I set up an LLC. Is there an tax advantageous way to fund capital to the LLC from my W-2 income. The LLC has a separate business account in a different bank from my personal income. Thanks
Cian R.
Property in LLC – Financing Suggestions
I recently purchased a renovation property using an LLC that was formed specifically for holding the property. It was purchased with all cash so there are no liens on the property. Because the property is held under a...
Adrian Hollifield
Confusion on how HML dispense loans for rehab
Hi everyone,I’m looking to use a HML to fund the rehab and 70% of the purchase price of a SFH. My contractor has given me his bid and asked for 25% upfront payment to start work. Here is where my confusion is. Will th...
Mike Pichik
IRA to 1031 for Real Estate Invenstment
Looking for some guidance. I have about $100k in a self-directed securities IRA. I've picked up on bits of information that indicate I might be able to convert those monies, through a 1031, into funds to be used to in...
Bil Casimir
Scammer Alert
Watch out for this SCAMMER Javier Miguel private lender. He is full of shit and will scam you by using Western Union. LinkedIn says based out of Chicago, ILL
Aaron Hale
Delayed financing exemption to pay off loan to myself?
Hey BP,I am self-employed and recently purchased a property in cash with cash from my business account. With the BRRRR strategy in mind. The rehab costs have crept past what I had budgeted and am looking for some crea...
Thomas Brintzenhofe
Raising Private Capital
When Seeking to Raise Private Capital for Reo/short sale Flips where does one go. There are few really active investors in this area who are not already working with someone. What is the best way to attract new invest...
Faustino Ramirez
How to use money from my 401K to fund my first purchase?
Hello,I have 260K in my current employer's 401K and I want to start investing in multifamily buildings for passive cash flow. My goal is to replace my W2 income (5K) with passive cash flow from real state investments ...
Tim Greenfield
First SDIRA purchase
So as I understand it, the reason for setting up and LLC is for Checkbook SDIRA. I do not have an LLC but I have contacted my SDIRA holder and I am ready to purchase my first property. I can do it all cash for a duple...
Shequann Burrwell
foreign investors
Recently I have had a few foreign investors contact me on linkedin interested in some of my bigger deals I have with other wholesalers. not thats all fine and dandy but my issue is that i cant contact them since there...