Peter Sik
Judgement of $200/month and PM took some share and claimed is late fee
After pm forwarded my case (tenant did not pay rent) to collection agency, the judgement claim balance is $7,569.33. The debtor will make $200 monthly payments until paid off.
1/3 of the $200 goes to the agency, and ...
Justin K.
Cash in Roth IRA and 401k
Can someone walk me through this and give me some guidance on the best way I can use my money instead of letting it sit in the stock market?Called my Edward Jones guy today and long story short told him I'm not invest...
Duane A. Snow
Need as many options as possible to get deal done TODAY 5/27/24
Hello,We are looking to buy STR/Storage pole barn for $275,000. We have about $10,000 as of right now to help fund this. The house is perfect turn key for STR and Storage rental. We can even have it listed on airbnb.....
Rachan M.
Solo 401k distribution question
Good Morning all,
I am not close to retirement age, and have a question about my Solo-401k account. It was opened in 2005 when I was self-employed, but have not really contributed to it since 2006 when I took up regu...
Richard Nash
Dohardmoney.com problem
I recently got ahold of a hard money lender from Utah. It is called Dohardmoney.com. I found them on this site. I told them I was interetsed in a hard money loan. They told me I needed some skin in the game and wan...
Rich Harris
FHA Purchase using real estate commission as down payment?
Hello All, The title says it all. Could someone please tell me if you can use your real estate commission (I am a licensed agent) as my 3.5% down payment on an owner occ FHA purchase loan? I will still h...
Alfred Litton
Help! Source of Down payment from Sale of Personal Property?
I'm in contract on a SFH and would like to use cash from the sale of inherited personal property and the sale of some of my own property (gold and silver and other collectibles). If I receive cash for this and deposi...
Joshua Herald
In a pickle : I need money for a down payment... 401k loan?
Greetings, My wife and I are making an offer on our first multi family this week. We both have full time jobs and make decent money 100k+ combined. Our credit is well above 750 each. The loan for the $210,000 house wa...
Frank Gade
HELP! 1st deal, guess not
My wife and I were scheduled to close on our first long term rental today, we have literally signed all the paperwork and then our title company goes to check that we have sent the closing costs to the bank to ensure ...
Adam Delort
Rental Property Evaluations - CoC Returns
Hello!!!!I am curious how you all analyze properties... currently i am having an extremely hard time trying to find anything that gets over a 8% cash on cash return on any properties purchased for rentals.... I tend t...