All Forum Posts by: Abby Robinson

@Brit F.  Unfortunately, this would not be our first home purchase so we won't be able to take advantage of the 10% penalty being waived.  I'm going to dig a bit deeper into SDIRAs to see what my options are if I transfer the funds out of my 401(k).  Thank you!

Hi @Mitch Messer.  Thank you for the advice.  I would absolutely be interested in seeing the details associated with the SDIRA training in Atlanta.  Please send - Thank you!

Hello fellow BP members! I have a 401(k) that has been sitting for the last 3 years that I haven’t been able to contribute to because it is set up through a previous employer. I’m considering cashing it out in order to add to a down payment we’re saving for this year for our first real estate investment purchase next year. I have about $7,000 in my 401(k). Because I’m in my thirties, I know I’ll pay a 10% tax for early withdrawal, but I’m wondering if it’s worth it since I’m adding the money to the rest of our savings in a high-yield savings account. Open to suggestions and criticisms. Thank you, BP Family!

Thank you, everyone!  @Costin I. - Getting "The Complete Guide to Home Inspection" book now - it was actually already on our list to purchase!  

Thank you, everyone! I appreciate your advice. I will certainly take your suggestions and apply them once I’ve made an offer. 

Hey folks! I'm a newbie BP member. I'm looking for advice on how to identify problems with a newly purchased real estate property prior to listing it for rent. Specifically, I'm looking at condos/apartments/townhouses. Personally, I haven't noticed problems with a new property purchase until I've lived in it for a few weeks/months. I'm trying to figure out how to cut down on this time frame in order to ensure a new tenant doesn't experience any major issues after they've moved in. Any book suggestions, podcasts, and/or videos are welcomed! To be honest, I'm open to any suggestions. We haven't purchased a property yet - just thinking ahead!