Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
FINALLY!!!!!
I've been wishing for a forum like this and thank the heavens I'm finally here!
Being a wife, mother of three kiddos, middle school teacher and taking care of my real estate clients is a constant juggle, but somehow it gets done. Being a real estate agent and helping my investor clients for years obviously eventually stirs up the question: Why am I not investing in properties myself? I want to make the transition from education to full time investor, but most of my savings are in a teachers retirement which I can't withdraw unless I resign from the district (my mistake). I would like to keep working while I obtain my first investor loans since they require you have a steady income, but that won't work since I can't withdraw my teachers retirement.
So my question I'm putting out there is: is anyone familiar with the unique nature of teacher retirement withdrawals and are there any loop holes? I'm beginning my research on this matter and any input would be appreciated!