All Forum Posts by: Azita S.

I use a company out of Statesboro. They are great. 

The Property Exchange

https://www.exchangeboro.com

I'm still in the process of interviewing pm's.  Who would you recommend in Savannah?

 I assume you already have a property correct? I am from Savannah and know a few people! 

Gotcha. How much is the total amount of the investment? What type of property is it? What state is it in? There might be ways to minimize or eliminate the tax hit. PM me if you want to schedule a call and bounce ideas off of me. I'm happy to chat. We've had to get pretty imaginative over here over the years. 

Personally, I wouldn't at this point. I am assuming that you are under the age of 59 1/2 and you are still at the job where your 401K is from and you can't roll it into a SDIRA to invest from there? If you've moved on from that job, then that is the very simple answer. Another question might be can you borrow from the 401K? If so, how much can you get? Is it enough to be the down payment, closing costs, and reserves on a property? You can then borrow the rest from a lender. I don't know your tax bracket, but that could be a massive hit. 

Personally, I wouldn't at this point. I am assuming that you are under the age of 59 1/2 and you are still at the job where your 401K is from and you can't roll it into a SDIRA to invest from there? If you've moved on from that job, then that is the very simple answer. Another question might be can you borrow from the 401K? If so, how much can you get? Is it enough to be the down payment, closing costs, and reserves on a property? You can then borrow the rest from a lender. I don't know your tax bracket, but that could be a massive hit.