All Forum Posts by: Rob Malda

Checkbook IRA is the way. Forget SDIRA.

I don't see why there would be any legal issues.

Duplex is only exempt if you lived there before the tenant moved in. In this case you're out of luck.

You can be the Manager of the LLC, meaning you can bind the LLC into legal contracts, etc. What you cannot do is engage in day-to-day 'managing' of a property (collecting rent, maintenance, etc), ie sweat equity.

What kind of property? What LTV? What DSCR? Too many variables here.

The low end of the market will do better. Mobile home parks will be least affected. Luxury properties will take the biggest hit. Besides that it's all about jobs in the local economy.

Ask her for two copies of each new key and forget about it. If she refuses then terminate her.

At 22 my best advice would be to focus on maximizing future income. Until you have at least 100k saved up investments don't really matter that much vs your income.

In my opinion rates will continue trending towards zero/negative. 5.5% is high. In the near future 0% will be the norm. 

Triplexes are never exempt. Duplexes are exempt if the owner lives in one unit prior to the tenant moving in, and only while the owner still lives there.