I am currently looking at a 15 unit complex sales prices$1,350,000. Net rents (minus 5% vacancies) is $170k expenses are $48k. Cap rate would be about 9%. I am thinking of doing a self directed IRA to pay for the d...
My wife and I are opening a HELOC on our current residence to have as backup for a property we are about to acquire. We should have the cash for down payment and rehabs but just wanted the money available for any unfo...
I'm considering lending money to an investor in Indiana. He needs 85k to buy($70k) and rehab($15k) the property and his ARV is $115k. He's offering 10% apr and 2pts at closing. What sort of paperwork should I look fo...
Hi, I am curios to know on how to become a Hard money Leander, what are the requirements and process ?not sure, what other better options would be available for investment with not getting involved full time.
Has anyone been involved with REITs? Is it a good route to go down?
For those of you that have a Solo 401k with checkbook control, does your financial institution that holds the funds perform any reporting? For example, do they issue a 1099? My understanding is that the only rep...
I am new to real estate, and though there is loads of amazing information here on how to succeed, I am looking for more information on how to fail (Not that I intend to!).
So, given that there was a crash 10 years ag...
I need a little tax advice on the use of a self directed IRA to flip a contract. Here is the opportunity.....I've got a property I am interested in purchasing. I am fairly confident that I can flip that contract imm...
I may have managed to find a buyer for my Georgia SFR and get it sold 'before' I close escrow on a condo in Hawaii. So, I could potentially do a 1031 exchange. Crazy question but I'm wondering if it makes sense to do...
Hello everyone,
I would to start a short term rental business and I've started to look at properties.
How difficult will it be to fund the loan for the property when buying as a LLC?
As of now, I've put away about ...