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Updated about 8 years ago,

User Stats

43
Posts
8
Votes
Jason Moran
  • Emergency Room RN
  • Magnolia, TX
8
Votes |
43
Posts

Rolling over my 401K

Jason Moran
  • Emergency Room RN
  • Magnolia, TX
Posted
I'm a big believer that there is a significant stock market correction coming in the next year or two, as well as a local California real estate market correction. I currently have a 401k from my 9-5 job with 50K in it that I think is going to get hit hard in the market correction. Does anyone have a recommendation on Self Directed 401k's or IRA's for the purpose of real estate investing? My goal is to flip homes in the very short term, build cash, then purchase 4-plexes during the real estate market correction as long term holds. I've read in the forums about using the SDIRA's for notes, but that is way out of my wheelhouse. I've been a General Contractor for years, and my wife is a Realtor so we know our market and what it takes to do the work.

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