Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago, 09/25/2016

User Stats

106
Posts
88
Votes
Roland Brown
  • Realtor
  • McKinney, TX
88
Votes |
106
Posts

Starting RE investing with old 401K

Roland Brown
  • Realtor
  • McKinney, TX
Posted

I am extremely curious about moving my old 401K (prior employer) into an account to start low level lending, note investing, etc. I would like to see if anyone has experience doing this and how it has been so far. 

What kids of Fees should I plan for during the Roll over process?

What kind of account maintenance fees are there?

Is it beneficial to move my funds to Roth before I start investing?

Where are good places to start note buying, and lending?

I don't command  a fortune but I would like to leverage what I have to learn the business. Are there common pit falls I should be aware of?

Bonus Question:I also want to move into investing by way of BRRRR with separate funds. I do understand that comingling strictly forbidden and actually see benefits to having the two activities separate as it creates Silos for the activity. Do the Attorney and CPA I use have to be separate?

Loading replies...