Brandon Spence
Self directed IRA question
Hi, I have a retired account through my last job (full time REI now) and want to transition the funds into a rental property. Can I use the funds in a self directed IRA to buy a property from an LLC that I own? The fu...
Don Ireland
LVP & Stairs. Questions.
I have an owner occupied duplex (side-by-side type). It will be used as a rental in a few years. Each unit has carpet throughout the main floor living space as well as one room in a portion of the basement that was c...
Cas Gabe
IRA Penalty Tax question
Hello all, new to the boards here, I have a question re my IRA and tax penalty - did a 50K draw (60 day rollover) from my IRA (Traditional) to cover some credit card debt and medical bills and had planned to redeposi...
Jeff Ryers
Question on application fees
I am hoping to get some feedback on application fees. We are currently charging $50. We have had many people ask for the application. Only one has filled it out. is it too high? Should we be charging at all?
Yoni R.
Plaintiff max bid question
On the auctions where it says “plaintiffs max bid”. Does this mean that the plaintiff will for sure bid up to this amount or does it mean that the plaintiff may bid less than this but for sure will not bid higher?
Kevin S.
Question on Checkbook IRA
Hi BP members,Anyone know why certain states are excluded from RE investment in SDIRA account? My state is on the list.Is Checkbook IRA breaking IRS rule in any way? It is offered as a way to bypass buying RE in SDI...
Susan Homeier
Questions to ask Lenders
I thought it might be a good idea to develop a checklist of questions/requirements/red flags to help with due diligence on Lenders. Please post if you can provide anything that you think is helpful, anything that mig...
Sam Robbins
Insurance question for MTR
Hi!I've been renting out my 3/3 end unit townhouse for the past three months through Furnished Finder, to a great tenant on a four month lease. It's cash flowing really well and I'm hoping to continue doing MTR. I'm w...
Joseph Lieberman
6-plex Financing Questions
I've had a rough time finding "great" deals in my area (Corvallis/Salem OR) - but I have found one that is at least on the boards of reasonable. I'm not in a rush, but I had some basic questions. Feel free to get in t...
Jimmy Warr
More hard money questions ?
BP,
I need you help.
Is it usual for a hard money lender to ask for a "uniform residential loan application" to be completed. It seems like a lot of information that does not apply to me ?
-Also will a seller give an...