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All Forum Posts by: Andrew Nash

Andrew Nash has started 2 posts and replied 5 times.

Real Estate Deal Analysis & Advice

Post: Our first BRRR and it was a success!

Andrew NashPosted
  • Navarre, FL
  • Posts 5
  • Votes 0
Great job! Since you paid cash, did the lender require a seasoning period when you refinanced?
0 Votes
Tax, SDIRAs & Cost Segregation

Post: Can I purchase a property from my LLC?

Andrew NashPosted
  • Navarre, FL
  • Posts 5
  • Votes 0
Patti & Cameron, thanks for sharing your knowledge. It's too bad that Realty Shares limits you to working within an LLC. I'll use them for flips and search for a local bank to use for rentals.
0 Votes
Tax, SDIRAs & Cost Segregation

Post: Can I purchase a property from my LLC?

Andrew NashPosted
  • Navarre, FL
  • Posts 5
  • Votes 0

I want to use a method similar to BRRR to purchase a property using Realty Shares. The issue is, Realty Shares will not lend to an individual, only a LLC. So here's my plan; My LLC purchases a SFR using funds from Realty Shares and 20% down from my LLC, I then rehab the home using either funds from Realty Shares or from my LLC. Once the rehab is complete, I then purchase the home using a conventional loan, in my personal name, for the original purchase price + rehab and finance cost. This shouldn't create a taxable event because my LLC isn't making any money on the transaction. Can this be done?

0 Votes
Florida Real Estate Q&A Discussion Forum

Post: Looking for a CPA & Wholesaler in FWB/Emerald Coast area

Andrew NashPosted
  • Navarre, FL
  • Posts 5
  • Votes 0

Hello everyone,

I'm looking for a CPA & Wholesaler in the Fort Walton Beach / Emerald Coast area. 

0 Votes