ROBS 401K for Fix & Flip

[John N Cook]

I'm looking for guidance on potentially using funds from a SIMPLE IRA to convert to a ROBS 401k in order to access for a fix and flip opportunity, and whether this is a viable approach along with pros and cons.

Thanks!

[Brian Eastman]

@Jeff Drury  When you work with a professional firm that establishes a ROBS program, they will assist with the valuation process.  How that is addressed will depend on whether this is a new venture funded with cash, an acquisition, a round of expansion funding, etc.