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All Forum Posts by: Michael McFadden

Michael McFadden has started 1 posts and replied 2 times.

Innovative Strategies

Post: Things to think about when using a 401k for investing

Michael McFaddenPosted
  • Rental Property Investor
  • Posts 2
  • Votes 0

@Anthony Simboli

I took a loan from my 401k for a down payment and paid it back over five years to myself with interest to me. It may be an option for you. There was a $50k limit and some other restrictions, but was able to purchase a house during a price trough this way.

0 Votes
Short-Term & Vacation Rental Discussions

Post: Experience with airdna has anyone used this service ?

Michael McFaddenPosted
  • Rental Property Investor
  • Posts 2
  • Votes 0

Air DNA provides estimated AirBNB income assessments for a property including approximate daily rental rates and annual estimated occupancy. I am considering a SFH that is on a river as vacation rental. Air BNB is a consideration. Has anyone compared their experience with thus site's information? Is it reasonable/reliable?

0 Votes