Bernie Huckestein
Owner Non-Recourse
Couple of questions about the potential for non-recourse loans:If I were to use my IRA funds to purchase a multi-family property for 360k could I:1) Have the SDIRA contribute 150K and structure owner finance as non-re...
Brandon Hall
What information should I ask for someone who owns their own company
Hello Everyone,I currently have one of my rentals available and I have a gentleman interested in renting it. He owns his own company and it sounds like the company is pretty new although he claims to have a large cont...
Gregory Massi
How to properly vet a tenant
Hi Everyone,About to rent my first condo, can you please let me know if there is anything else i should do to properly vet the tenant. So far i have called the previous landlords, called current/former employers to va...
Manco Snead
Loan Approvals and W-2 Jobs
Greetings,I've been unclear on this part of the loan approval process: Say one gets approved for a loan based on their full time W-2 job. Closing on the property happens, then shortly thereafter he/she has life change...
Felipe Lecaros
CPAs help! Form 2555 (Foreign Earned Income Exemption)
Hi all,
I am aligning everything to do my first REI in the U.S. and I am wondering if there is any CPA out there that can help with the following: I am a U.S. citizen living and working overseas (for 6 years now). I ...
Ethan Goforth
What to do next? Loan roadblocks.
My investing partner and I have recently filed for an LLC that we plan on moving properties into after we purchase them. We were in the process of getting pre-approved for a loan when we hit a roadblock. My partner is...
Adekunle Popoola
Double Closing and Capital gains tax for wholesalers
I am an wholesaler who recently had a double close. i would like to know the following?
-Are my proceeds subject to capital gains tax?
-If so, What portion of my proceeds will be subject to the capital gains tax?
...
Travis L.
Financing a 3rd property
Looking to get a 3rd rental. We currently have to 2 cash flowing properties as well as a primary residence plenty of equity in each. What is the best way to finance another property, or current debt to income is too...
Yuehao Wong
Advice on househacking first primary residence
Hi all,My name is Yuie. I just graduated college this past year and I am looking to buy my first house hack. Currently working a COVID testing job that is a 1099, so its been difficult trying to get a sweet deal on 30...
John Huynh
Savings needed when purchasing multi-unit
Good evening everyone,I am trying to purchase a 4-unit property. Is there a general rule of thumb regarding the amount of money one should keep in their pocket for a rainy day when purchasing a multi-unit property? My...