Ivan Chirolla
Can a parent-in-law lend to a SDIRA (non recourse loan) from non-IRA funds?
Hi:Question for the group. Can a parent-in-law can lend to a SDIRA (non recourse loan secured by a property)? The sources of the funds are not IRA funds but regular accounts.Do you have resources or recommended la...
Sophia Maler
Converting primary residence into investment overseas
I own 1/3 of my parents' apartment overseas. My parents (both retirees) still live there, but plan to come to the US and live with me. They don't want to sell the property to the 3rd party now because the prices are ...
Jihong Park
FHA loans & closing costs
Hello, BP! I found about this amazing website just a week ago. I am thinking about getting a townhouse in Overalnd Park, KS area for my parents. Before starting so, there are some questions I want to make it clear. 1....
Account Closed
Multifamily LLC Structuring Questions
Hi BP community! For a little background, I’m a Houston oil and gas investment professional working for a venture capital firm that has ~$11 billion in AUM. I'm familiar with the underwriting acquisitions and am inter...
Brian Phor
Setting Up a Parent/Foreign Wyoming LLC
Hi Everyone!
I'm looking to setup a parent/foreign Wyoming LLC. My plan is to setup a parent Wyoming LLC that will hold another LLC that will be holding my properties. I'm not exactly sure where to start or whom to c...
Ray Gaulding
Managing my fathers retirement
Hello everyone I feel like I'm gonna get some flack for posting this but to those of you who wanna complain bust out those keyboard you warrior you.So basically my father received inheritance from his parents. His fin...
Joe Kim
Building a Casita/in-law unit on primary residence
Hi,I'm looking at building a casita or in-law house on my primary residence. We have a problem with the front yard area that needs work/landscaping. But instead of spending 20-30K for landscaping, I thought why no...
Account Closed
How to Transfer Parent's Residential Properties to my Company?
Hey everyone. I'm getting intro real estate investing. I have a 6 figure salary and great credit (785+). In Philadelphia, PA, my parents have 3 residential properties, one of them having an attached commercial unit th...
Jason Johnson
Butler & Hosch closure
Back in May Butler & Hosch (a large foreclosure firm) which is the parent company of several trustee companies (e.g. RTS pacific) announced its closure. Is anyone seeing an impact to trustee sales due to this clo...
Account Closed
Potential tenant with late payment history
Would you rent to a prospective tenant who has a history of late payments? From the landlord reference, I discovered that he made 3 late payments in the past year. Each late payment was collected within 1-3 days (af...