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All Forum Posts by: Al Wilson

Al Wilson has started 1 posts and replied 1062 times.

Post: How to sue a self-directed IRA?

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Legal question. Ask your lawyer. Good luck.

Post: What is this called and do I have to have real estate license?

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Make that "good luck."

Post: What is this called and do I have to have real estate license?

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Sounds a lot like real estate brokerage to me. God luck.

Post: Creating an LLC - use my CPA or diy?

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Creating an LLC is legal work, so consult with your lawyer. Good luck.

Post: I'm 'not a serious buyer,' according to a realtor/broker!

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Everything's negotiable. Sometimes, the brokers forget that basic premise. Good luck.

Post: Is it wise to use a HELOC to fund a down payment?

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
We do it all the time. Wisdom or not depends on how you have structured your business. Good luck.

Post: Renting by the room near a university

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Go for it. This is the new trend in student housing, so ride the wave as long as you can. Good luck.

Post: Wholesale Assignment Contract

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Legal questions. Probably ought to have a chat with your lawyer. Good luck.

Post: New investor in Irvington, AL

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
Welcome. We have weathered (no pun intended) Ivan, Katrina, BP, and the Great Recession along the Gulf Coast, so it can be done. Good luck.

Post: Financing A Home While Making $0 Income?

Al WilsonPosted
  • Investor
  • Daphne, AL
  • Posts 1,121
  • Votes 242
With no income and no experience, better look for a partner. Another option is to take a job, save for a few years, and come back around. Good luck.