Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Personal Finance
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 over 4 years ago on . Most recent reply

User Stats

69
Posts
12
Votes
Mysonne Johnson
  • Flipper/Rehabber
  • Buffalo NY (buffalo, ny)
12
Votes |
69
Posts

How do you feel about 401K/IRAS for funding?

Mysonne Johnson
  • Flipper/Rehabber
  • Buffalo NY (buffalo, ny)
Posted

I have to do more information on this topic but have any of you investors use this technique to fund one of your deals?

Brief summary what I know on it. So basically you use someone's 401K plan and IRA to fund you deal and they receive a interest back and I believe more than they have saved for retirement...

Educate me! Let’s talk about it!

Most Popular Reply

User Stats

5,037
Posts
4,678
Votes
Taylor L.
  • Rental Property Investor
  • RVA
4,678
Votes |
5,037
Posts
Taylor L.
  • Rental Property Investor
  • RVA
Replied

For me it's been more or less the same as my investors whose investment comes out of a cash non-retirement account. Lots of folks aren't aware that they can access those funds to invest in real estate, so educating is a big opportunity. However, we need to be careful to refer them to the proper experts and not to provide them guidance we're not qualified to provide.

Loading replies...