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Question for the smart masses. I am catching up on podcast and I listened to episode 55 featuring @Jimmy Moncrief. He stated you could use a retirement account as collateral for an unsecured loan. Does anyone know an...
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I'd like this thread to be a place where we compile a list of the major tax deductions available to a real estate investor. Since I do flips, I do not get the benefit of depreciation, but here are a couple of good on...
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I'm looking to bring a partner on for my next real estate deal and my goal is to have them contribute a portion of the down payment along with some of the renovation budget. The deal would be a small multifamily and w...
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Hello BP,
My name is Patrick, I’m 29 and a newbie located in Tampa FL. I am interested in learning many aspects of REI. My primary focus right now is to learn about rehabbing/flipping. I am also looking for a m...
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I"m in the process of buying my first buy and hold property. I was able to get the property for $124500 and the property appraised for $125000. I was able to get a credit of $3750 due some needed repairs after gett...
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PLEASE give me some advice- what do you think is a fair split among these partners? Any other obvious details to consider?:
Partner 1-
Providing all the money ($300k-ish). Will be active in searching for deals, aes...
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Hello all, general question: if there are 2 partners looking to invest in a SFR or small multifamily, where one provides the down payment and the other manages the property, makes payments etc. Can the person pay th...
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Hello all.... my name is Stu, I came across the site today, it looked like there are a lot of good, genuine people here so I decided to sign up and see what it is all about. I am a civil engineer with 25 years of exp...
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Hello All, I am *thinking* that this is a prohibited transaction, but thought I would check here and get some feedback. I was researching methods of partnering outside of SDRIAs and came across this idea. Say Partner ...
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hi there everyone, pretty new to the site and had a quick question. I have a single member llc set up and I read everywhere that if you want to move funds back and forth between your personal account and your business...