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All Forum Posts by: Amit Gupta

Amit Gupta has started 2 posts and replied 4 times.

Post: HELOC providers in Texas

Amit GuptaPosted
  • Posts 4
  • Votes 0

Sure Jesus, thanks for help

Post: HELOC providers in Texas

Amit GuptaPosted
  • Posts 4
  • Votes 0

Hello, 

I am looking for heloc on my rental in Houston, texas, any recommendations? Somehow not able to find a lender providing HELOC in texas, other states seems to be fine.

-Amit

Post: SDIRA for primary residence

Amit GuptaPosted
  • Posts 4
  • Votes 0

Thanks all for comments. It is clear now.

Post: SDIRA for primary residence

Amit GuptaPosted
  • Posts 4
  • Votes 0

Hello,

I do understand that funds in SDIRA could be used to buy investment property. The process as I understand is we create a trust account and the SDIRA would be owned by trust and managed by IRS approved administrator.   Then the properties purchased is titled under trust and all rents go into trust and expenses come out trust. 

I was wondering if it is possible to rent out properties acquired through trust to self? Essentially I will be staying in the house and paying rent to the trust account holding my property.

-Arun