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All Forum Posts by: Sean Harrison

Sean Harrison has started 6 posts and replied 21 times.

Post: BRRR refi when owned by LLC

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6

Found the forum search on my phone, but couldn't on computer. I'll read on all the other posts. But if anyone knows banks that will loan in OH to LLC leave a comment. Thanks

Post: BRRR refi when owned by LLC

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6

How do you do a BEER refi to get money out when the house is owned under an LLC?

Post: Direct solo K custodian

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6

@Justin Windham. thanks for the insite. I have been really noticing the benifits of the 401k compaired to the IRA. I thought i would qualify, but it seems i need to find a self employment job.

Lol

 "The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)"

Post: Direct solo K custodian

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6

Thanks @George Blower and @Dmitriy Fomichenko. George, I will read through the FAQs.

Post: Direct solo K custodian

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6

Is there anyone in the San Diego area that is/or can recommend a custodian for self-direct plans?

Post: Cleveland Ohio, Deposit account

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6

thanks @Jeff Brower, I guess I wasn't typing out the name far enough.

Post: Cleveland Ohio, Deposit account

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6

Thanks everyone. Off topic, but how do I respond to people with their handle or quote them? I'm seem to have issues trying to navigagte this foroum. Or is it because I still have a free account?

Post: Cleveland Ohio, Deposit account

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6

@Jill f. thanks for the reassurance. Once i get my two BRRRR done i would like to chat about ohio. i'm really interested in getting property with a larger number of units.

Post: Cleveland Ohio, Deposit account

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6

I have been reading a bunch of different things online, and i feel like i'm getting mixed answers. Do you have to hold the renters deposit in a non interest account in cleveland ohio? I know we do in CA. and if so, i'm guessing i can just set that up with my current bank.

Post: My First BRRRR! With Pictures!

Sean HarrisonPosted
  • San Diego, CA
  • Posts 22
  • Votes 6

I am in the process of my first BRRRR. It has been rented out for 6 months now. How long tipically do you need to show rent to refi?