Jim Goebel
Bad Deal - Fire with no Insurance - options to get out from Under
What are my options to get out from under an asset that had a major fire, where we had no insurance?This asset (now a liability) is owned under a self directed ROTH IRA.I know there may be follow on negative consequen...
Dairon Ruano
Would a seller finance disqualify me from the FHA loan?
Hello! I am new to the forums, but I've been listening to the podcasts for over a year now.My question is, let's say I'm able to obtain a sellers financing on my first property. Would this disqualify me from the FHA 3...
Anthony Beasley
What are the steps to start renting properties?
Hello everyone, my name is Anthony I live in Cincinnati Ohio And I am trying to get on the path to start investing and I would like to start with renting single family homes and apartments just to get my feet wet but ...
Matthew Jackson
Using equity to purchase house hack
My Wife and I purchased our home in Charlotte NC last year for $147,000. We bought it in rough shape and have since then replaced all the flooring, put in new Kitchen cabinets and countertops and painted the whole pla...
Account Closed
Does business credit/debt affect personal credit score/DTI?
I have an LLC for my real estate startup, but I have neither the capital to get it off the ground nor the credit score to secure funding. I have a potential partner who I am willing to sign on as a 50% partner in the...
Steven May
Putting Properties form personal name to LLC
As I move into 2021, I plan to put my properties in LLCs - they are currently in my personal name. Yes, I know to get in touch with a local attorney based in real estate law - I plan to do so to help set up the LLCs b...
Wilfred Mkilindi
Bad timing for me to start REI
Just when am working on my first deal on a small SFH to get my feet wet in REI got furloughed (my full time W2) and there is a possibility of layoff the company is looking at. What should i do about REI, i dont not wa...
Greg Zunich
Live-in Flip vs. 2-4 Unit House Hacking
I have been looking to buy my first house and want to find a 2-4 unit to house hack with. Everything I have found thus far will cash flow when I rent it out when I move out and will be about break even, some loss, if ...
Ali Sheik
Buying out of state
I am in California and looking to possibly purchase my FIRST investment property. Property is in Florida Tampa area. 8 unit $450k. Is this ill advised? Would you buy a place sight unseen? Would paying for an appraiser...
Will Carter
Structuring my private money...
So I'm ready to jump into this real estate stuff...I have my private financing acquired to get started but am trying to decide how to structure it all.Most of my private lenders would be fine with a handshake but I'd ...