All Forum Posts by: Cody Dunifon

Hi David,

You bring up a great question. It sounds like in this situation you wouldn't be able to pay for the travel expenses with 401K funds. You would not be able to reimburse yourself. Let me know if you have any more questions David and I'd be happy to help.

Cody

Mitch,

I am just throwing the idea out there because it would be another option buying the property. You could purchase the property through a old IRA/401k account and self direct the property. Obviously their are some variables that come into play but if you have some questions feel free to direct message me as I could answer any questions if you chose to go that route. If not good luck with the deal Mitch!

Cody

@J. Martin Thanks for the advice and I will take all of what you said into consideration! Appreciate it!!!

@Account Closed Dan has said great things about you! I hope to follow in his footsteps in becoming as knowledgeable and successful as him. I hope to learn as much as possible here and appreciate the advice. I will be attending the next WCRT meeting so hopefully I will see you March 6th!

Thanks so much for all of that @Darren Sager !!! I will have to look into the pro and plus member version for sure! I appreciate you taking the time to post and let me know about all that Bigger Pockets has to offer!

My name is Cody and I am new in the real estate industry. I am currently a associate at Midland IRA a Self-Directed IRA company. I heard about biggerpockets.com through a few people I have met at real estate meetings/groups recently. I am here to learn and network as much as possible since I am a recent graduate with a small network in Chicago. I hope to just meet as many people as possible and also help anyone with any questions on how to buy real estate within your IRA. I am also very open to advice so feel free to let me in on any secrets you have! Thanks everyone!!