All Forum Posts by: Rick Eicon

Excellent feedback and support from all thanks most helpful!!

Has anyone done the modeling or experience determining which investment strategy is best.

For modeling purposes lets use 600K self directed IRA funds would be made available.

OR

B) ~$150-200K (25-30%) down or less and the rest financed for each of 3 multi unit rental properties

OR

C) ~600K down on a single $2M multi unit rental property

There's various factors to consider such as no loan, 3 loans and rates, one large loan/potential lenders, cash flow for each scenario, exit strategy (hold for 10 yrs, less, longer) and property appreciation etc...

Q1- What key factor(s) would you use to make this decision?

I.e. The deal that provides the maximum monthly cash flow

Q2- has anyone gone the rental path and the moved to buy/improve/flip or straight to buy/improve/flip and found this a better path to building earlier/faster profits then moved to larger rental deals?

When using a self directed IRA and one only has a portion of the RE purchase price and needs additional financing non recourse loan is required. Looking at hard money lenders it appears they are primarily only for flips, improvement and development then sale. Recommendations on financing available to assist in the funding of multi family RE purchases?

Great insight much appreciated! Very useful information. 

Brian I have been headed down the path roll 401k into self directed or solo IRA but keep hearing the noise about withdrawal. Done right with the right investments over the next 10 yrs I can see myself maximizing the new IRA while also building a new 401 or deciding to not contribute and use the funds for out of retirement plan investments. Thks

Has anyone looked at buying RE via a self directed IRA vs cashing out the IRA, paying the penalty and putting funds into a business account and having full control of funds Immediately?