James G.
Suggestions/ help with a 457B cash out.
I am considering cashing out a 457 B plan in order to use the monies toward investment properties. With my situation I will Not have to pay the 10% early withdrawal penalty but would be subject to the federal/ state ...
Robert Gailie
1031 exchange or tax deferring?
Hello all! I am going to sign contracts on my first flip on tuesday. We did well and made big profits and the experience was incredible. Now I want to avoid paying taxes if possible. Do any of you more experienced fli...
Christopher Blanco
Help with financing sources, next steps
I am very new to REI, my experience is the following (its all personal...so I am trying to see if that can be leveraged):purchased my first home in 2001 for $125,000 did a rehab (about 15K) and sold it 3 years later f...
Charles Brown
Fix and Flip Calculator use of IRA Funds
When using the fix and flip calculator where would I capture repayment of IRA funds used to cover rehab costs? For example, if I plan to use $20,000 from my IRA to cover some rehab costs, where does that get recorded...
Simon Stahl
Lender that lend to LLCs
Does anyone know of a bank or a credit union that will give a mortgage/loan on a property in Indianapolis that is owned by an LLC? I am trying to decide if I should buy under my personal name or the LLC.Simon
Andrew Thomas
First Investment Property
Investment Info:
Single-family residence fix & flip investment in Cartersville.
Purchase price: $240,000
Lipstick flip. 3/1 full brick, adding 2nd bathroom, painting cabinets, interior walls, trim, ...
Alex Bejenaru
Converting previous employer 401k to SDIRA or soloK
Hi Everyone,I currently have a 401k through my previous employer with about $65k and would like to put it to use in my house flipping business. Is it possible to self direct those funds towards my business in anyway? ...
Daniel Kent
Taking a loan from an LLC partner
Hi all and Happy New Year!Hopefully this isn’t too confusing....My partner and I own a single family rental in an LLC. Let’s call this property 1. He has 75% equity and I have 25% equity, as we both contributed capi...
Dhruva Patel
Half family occupied, half rental
Hey experts,I recently bought a condo under my name and created an LLC. The condo is under my name but the LLC was created because I planned on renting out half of the space. My brother will be living in the other hal...
Stephanie Cessna
New Investor in Texas
HI! My name is Stephanie and I am a new investor located in Granbury, TX. I have been an RN for 12 years and never thought that I would be interested in real estate investing, but here I am! I am married and have 3 be...