Glen Z.
Self Directed IRA owning LLC
We are closing on a South Alabama MHP purchase this month, and forming a separate LLC just to own/repair/rent/sell the mobile homes. I am wondering what issues I might have with my SDIRA owning 50% of the LLC. We are...
Gary Dale McKee
Help with deciding on using 401K to fund first investment.
I am really curious to get some advice from you guys on this subject. Grant Cardone says get your money out of it cause it is a scam. This is all he really says about it though and after searching the internet I ca...
David C.
Used 1031 for purchase, Can you still Refi-Cashout tax free ?
The point of a 1031 exchange is to defer tax payment on a property until future sale. That being said, what does this mean for refinancing-cash out in the future? Can you still do this?In other words, if you refinan...
Randy Sundquist
Self-Directed IRA unknown
Can I use a Self-Directed IRA for a investment properties down payment?. Or do I need to enough funds in the IRA to pay the full purchase price?Thank YouRandy from Raleigh
Eric Mcginn
“Auction" listings on Trulia
Is there any way to take advantage of these listings without having 20% down? Looking at buying a SFH in the San Fernando valley, Lake Balboa area of Los Angeles. The most we could really pull together is $20k +/- whi...
Tyler Rodgers
1031?
I'm not sure if this is the correct area for this, but I am definitely just "starting out", so here goes...I want to sell my house and buy my first multi. Using a 1031, do I have to actually spend all the money I get ...
Doug Rich
Where to put inheritance to be able to use for Flipping business
We are about to inherit our seed money for our flipping business, it is coming from a 403b account, misc IRAs (which are becoming inheritance IRAs), and sale of a single family property. As we understand it, the dist...
Euri Lorenzo
Question purchasing 1st deal
Hello,
I am purchasing my first deal and the closing is on Friday. I am buying the property from a person who was losing it for not paying his taxes. I offered him that he would net $4500 and I would pay all ...
Yiwei Cheng
Why are you interested in STR as a new investor in real estate?
I would love to hear what made you get started in STR? What are you hoping to achieve by investing in STR? What does having a STR give you that other strategies do not?
Paul C.
Accounting question for HELOC
Hi, I use Tenant Cloud for all my properties and accounting and have a question about how I should allocate payments towards a HELOC. I have a HELOC on one property and used that money to put a down payment and renova...