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All Forum Posts by: Christian Sifuentes

Christian Sifuentes has started 63 posts and replied 337 times.

Post: Looking to network, meet buyers and learn

Christian SifuentesPosted
  • Flipper/Rehabber
  • Fair Lawn NJ
  • Posts 382
  • Votes 87
Welcome to BP! You have come to the right place. Read read and read some more, join a local REI through meetup.com, there are several in MD. Good luck with your goals!

Post: Claudia from Maryland

Christian SifuentesPosted
  • Flipper/Rehabber
  • Fair Lawn NJ
  • Posts 382
  • Votes 87
Welcome to BP! There is a local meet up in Frederick MD. Search k Michael Paris for more information. It's a been a big help for me in starting out this year!

Post: Scaling our Flipping Business

Christian SifuentesPosted
  • Flipper/Rehabber
  • Fair Lawn NJ
  • Posts 382
  • Votes 87

Good information, just completed my first flip and have one secured to close in the next 3 weeks. Also hoping to pick up another one. Goals for 2017 is 2-3 completed and continue to scale up! I agree with some of the hurdles discussed with funding and being outbid on properties. I am thankful i have found a good GC. Will be following this thread, good luck with your scale up. 

Post: how to find great deal

Christian SifuentesPosted
  • Flipper/Rehabber
  • Fair Lawn NJ
  • Posts 382
  • Votes 87
Welcome to BP! Read and read and read some more to familiarize yourself with the wealth of information on this website. As others have stated find your niche, make contacts, go to local REI meets ups and network some more. Good luck with your goals and know that you have taken the first step into reaching your goals!

Post: "EQRP"

Christian SifuentesPosted
  • Flipper/Rehabber
  • Fair Lawn NJ
  • Posts 382
  • Votes 87

Does anyone have any information on Empowered Qualified Retirement Plan- EQRP? I heard it on a podcast through NORADA. It was discussed as another option for SDIRA, more control less fees? 

Thanks 

Post: Long Distance Investing in Dauphin County (Harrisburg)

Christian SifuentesPosted
  • Flipper/Rehabber
  • Fair Lawn NJ
  • Posts 382
  • Votes 87
Shashy B. Good luck with Harrisburg. I will be following this thread as I am in the process of closing on a property on N 6th street. Been in the area twice now and driven around to get a better feel. Does anyone have any feedback on property management in the area? I have looked into Slate house and am hoping to make some more connections. Thanks

Post: SDIRA

Christian SifuentesPosted
  • Flipper/Rehabber
  • Fair Lawn NJ
  • Posts 382
  • Votes 87

If i own a property through a SDIRA and a non recourse loan, and say after a couple years i want to sell it, what are some of the restrictions guidelines for this? I know all the equity and profit must go back to the IRA, just wanted to know if there are any restrictions on who i can sell it to besides disqualified parties?

Thanks 

Post: Hi From Northwest NJ

Christian SifuentesPosted
  • Flipper/Rehabber
  • Fair Lawn NJ
  • Posts 382
  • Votes 87

Welcome to BP @Adam Grisi

Post: Capital gains exclusion 2 year rule

Christian SifuentesPosted
  • Flipper/Rehabber
  • Fair Lawn NJ
  • Posts 382
  • Votes 87
Can you guys elaborate on paying back the depreciation and FMV? Thanks

Post: 15 Rehabs in 10 Months in Baltimore City!

Christian SifuentesPosted
  • Flipper/Rehabber
  • Fair Lawn NJ
  • Posts 382
  • Votes 87
Amy feedback on dealing with inspection/inspectors and city guidelines? I have only done 1 in the city but that was a headache for me! Congrats on the success and would definitely like to connect. Keep up the good work and appreciate the motivation you provide for the forum!