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I am very concerned as the duplex I am closing on May 2nd has a tenant with a 1 year lease just signed a month ago but the seller won't provide the actual lease, and in the purchase agreement, the condition was to pro...
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Any recommendations? Currently talking to a company called Equity Trust whose fee is a little above 1%, does anyone know of a self directed ROTH IRA that can do better?
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Hello,My husband and I purchased 3 four-plex multifamily buildings in Mesa, AZ last year. All of the properties were purchased in both our names as Community Property with ROS. After completion of the sale, we transfe...
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Hi, I am under contract for my first real estate investment property (Single family home) and for the last couple of weeks I have been trying to figure out how to obtain financing with a lender that will provide lendi...
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As ever, the definitive answer is, it depends. In some cases, the stars align. In others, not. Regardless, you need to know The Good, The Bad, and The Ugly:The Good:Review your employer's Summary Plan Document (SPD) o...
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So I initially purchased my first investment property by myself (under my name / no co-owner/ borrower) back in November 2022 with an FHA Loan and very recently (within this last month) my brother & I have decided...
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Hi all,My business partner and I are looking to purchase our first property but just have a few questions concerns about how to structure the purchase within the partnership. I have heard that it is difficult to get a...
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Hello everyone--I bought a house in Virginia in cash jointly with my son 5 years ago. He lived in it for 3 years while attending college, and now I am considering transferring it into an LLC. The property has apprec...
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My husband and I put in an offer on a house under our personal names with "or assigns" as part of the contract. As soon as the offer was accepted, we set up an LLC and transferred the contract over to the LLC, of whic...
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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...