Alex Ewing
Renting Out Current Primary Residence — How?
We are considering moving to a new home and renting out our current home. My question is how this works—I am thinking we would transfer title to an LLC, but do we have to notify the lender? Can we just keep making the...
Kyle McCorkel
How can I have my cake and eat it too with a Solo 401k?
So I got my solo 401k all set up, but haven't had a need to use it yet. I've considered taking a loan out of it to do BRRRR's and flips, but I'm really not crazy about the mandatory 5 year payback schedule. It will ...
Daniel J.
Margins with no money down!
If you are using none of your money, are you willing to take smaller cash flow margins? For your profit, not paying back your investors. I realize that if you put no money down, and you make even $1 you are technical...
Mike Ojo
Getting House/Loan Put In My name
Hi,This is a bit of a complex issue and I'm asking for a family member. Here is the issue:My mom inherited a house from her father. She has been living in the house and paying the mortgage for almost 20 years and the ...
Ted Davis
401K Investing in Real Estate
Hello everyone,
I’ve come across a few mentions of 401k investments in real estate in articles but after googling for more info, outside of contact your plans administrator to see if your plan allows this type of inv...
Brandon Becsi
Attracting investors for low income properties
I am trying to find ways of attracting and offering a win win deal for potential investors in low income rental properties that I am starting to purchase. Heres my basic business model: buy homes between 10k-30k and p...
Ben C.
Anyone used HELOC on a flip?
Has anyone bought a flip in cash then opened a HELOC on that rehab property to finance the renovations with low interest rate of a HELOC?
Katherine S.
Accidental Landlords in Metro Detroit
Hello! I'm very excited to find this site. After only a few hours here, I've already learned that I don't know much at all.My husband and I have sort of backed into becoming landlords. A few years ago, we bought a ...
Harvey Corsino
I need some answers regarding solo 401K
How to apply for a self directed 401k? Do I need to quit my job to roll over my 401k? Do I need to have my own business to apply for it? What are the advantages (benefits) vs the standard 401k. Thanks!
Derek Luttrell
First Offer Accepted Today
Hi Everyone, I am a 25 year old who has lived in Chicago for three years. Just today I had a seller accept my offer on a 3 bed/2 bath condo in the Ukrainian Village neighborhood. Listed for $370,000, and we settled on...