All Forum Posts by: Caroline S.

thank you, Dmitriy!

Hi there, I'd like to purchase 3 properties. Can anyone recommend any banks/lenders that loan to self-directed IRAs and they've had good experience with? How much down payment? 

The SDIRA would like to borrow 250K. Thank you.

Can anyone recommend a lender to me? I would like my SDIRA to acquire a loan to purchase investment properties. Thank you. 

Originally posted by @Elizabeth O.:

I have a great property manager and an investor friendly realtor in Richmond.  Message me if you would like their phone numbers.

 Hi there, I'd like their contact info as well. Thank you.

..continue

What is the best way to make these grow? Is borrowing from my retirement funds to invest in real estate a good idea, say a fix and flip, where the profits are available right now and not when I'm 59 1/2. I'm assuming i can borrow instead of converting them into SDIRAor S410K, and would this be wise.?

Open to opinions.

Hi Dmitriy,

My 2 sisters and i have rental properties under an LLC. We each have 33% ownership. We split up the profits (monthly payout) and file our own taxes, separately. Can this qualify me as having a small business for the Solo 401K?

I also have a nice chunk of money from an old employer rolled into an IRA when i left. And also have TSP money i currently contibute to.

Thank you, Caroline

anyone know the answer to this? anyone?

guess this isnt a popular post lol.

Hi @Christopher Smith Yes, we've had the LLC long before this guy came around. Years. Hawaii.

my sister just recently married a winner. not. my two sisters and i inherited rental properties from our parents which is formed under an LLC. My sisters new husband is not a winner, he is a major loser, a shmuck who is constantly out to make a buck on your granny. yes, your granny -- the guy has no morals. It'll be some time before my sister figures this out. I have stories if yall want to hear them. Anyway... question is: how can myself and my other sister protect ourselves in case they divorce? I know that she has put her 33.3% share of thw LLC in a Trust naming her children. But can he still get his grubby paws on the LLC? my share or other sisters share?