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All Forum Posts by: AC Cooley

AC Cooley has started 49 posts and replied 123 times.

Post: Using SD IRA to purchasing houses and selling using owner financing

AC CooleyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 126
  • Votes 43

Ok thanks Curt

Post: Greetings from Atlanta!

AC CooleyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 126
  • Votes 43

Hi Elizabeth,

I'm new to the Atlanta area myself. Where are you looking for your next rental property?

A.C.

Post: Using SD IRA to purchasing houses and selling using owner financing

AC CooleyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 126
  • Votes 43

Good question Mark,

So making a loan to a Rehabber avoids needing to comply with the SAFE act? Aren't you still originating a mortgage? What is the difference?

A.C.

Post: Using SD IRA to purchasing houses and selling using owner financing

AC CooleyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 126
  • Votes 43

Thanks David and Curt.

Curt I sat in front of you at the beginning of this month's GAREIA main meeting. I've met you once or twice before. I just moved to the Atlanta area in December. I'll make those calls as you suggested.

Thanks,

A.C.

Post: Using SD IRA to purchasing houses and selling using owner financing

AC CooleyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 126
  • Votes 43

Hi,

I was wondering is there anyone with experience purchasing houses using an self directed IRA and creating a note by selling that house using owner financing? If so, are there any extra steps needed to comply with the SAFE act?

Thanks

Post: I'm searching for a mentor and networking events

AC CooleyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 126
  • Votes 43

Hey Curt, what are the other two REIAs in the Atlanta area? I just moved here 6 months ago myself.

Post: I'm searching for a mentor and networking events

AC CooleyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 126
  • Votes 43

Welcome Iris! I'm in Atlanta as well. I'm a member of Atlanta REIA and GAREIA as well

Post: Easy paint and carpet flip - 4 Sided Brick 4Bed Built 2000

AC CooleyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 126
  • Votes 43

This deal is no longer available

Post: How to delete forum topics/posts

AC CooleyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 126
  • Votes 43

OK thanks

Post: How to delete forum topics/posts

AC CooleyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 126
  • Votes 43

Hi,

I need to delete a topic in the Marketplace forum. How can I do this?