All Forum Posts by: Daniel Helland

Admittedly, I'm not an expert on ROBS vs SDIRA. My understanding, though, from speaking with an expert on this last week, is that the benefits of a ROBS are that you can pay yourself a salary and PG loans without running afoul of IRS rules. That would effectively allow you to extract money now, as opposed to having to put it all back in the retirement account. Again, I'm no tax attorney, so take it for what it's worth.

Maybe @Brian Eastman can expand on the differences, as it seems to be within his wheelhouse.

BP has a list of HMLs by state. If that's what you're looking for, you could try that. Otherwise, we might need a little more info. ;)

You could use something like Liquid Space to rent a conference room by the hour.

You may want to consider a ROBS 401k. That would allow you to invest those funds into your (newly formed) company and use them for just about anything without penalty or interest.

I agree with Eddie. You should have no problem rolling it into a portfolio with an LOC and/or cashing out. Keep that money working!

Sure. Cash out usually requires a lower LTV (65%), but not always. He can use the money for whatever he wants (depending on the lender).

Depends on the lender, really. There's hard money for as little as 3.5% up to the low teens and beyond. Same with points; it varies a ton by lender. 2-4 points with high single to low double digits is fairly common.