All Forum Posts by: Ricky R.

Hey thanks Caleb! How you doing buddy?

Just wondering if anyone could give me advice on how and where to start with hard money. I have a professional W-2 job also. Does that income back me up at all? Anyone know a good company to start with? I have several time sensitive deals needing funding so i need to approach all avenues, like yesterday. Thanks!

Hi BP! 

I have a few deals needing financed, leading to long term relationships. I feel the more value I bring to the table, the more i get in return. That's the kind of partner I would want to work with.. I also work full time as a Field Engineer/Surveyor for a top tier Civil Engineering firm. Funding needed ranges from transactional to BRRRR. If interested please contact me as soon as possible. Let's make some money together. Thanks in advance. Happy Mother's day mom's!

Rick

Oh nice. Ok yeah I'll check with my credit union on that and see what they say. Do I tell them it's an investment property or do they not have to know that Bob? Thanks Btw

Hi guys. So I'm curious if there's a "waiting" period from the time I purchase a home until the time of refinance using the BRRRRR strategy. This is of course is after rehabbing the home. Thanks!

Closest think I have currently is one REIT to choose from so Im at least in the game!

  Wow fellas. Lol where else can you get advice like this! All of you are awesome, thank you! Carl, could you expound on exactly what I would need to ask the administrator/advisor for our company or look up in my plan details? I assume you mean something other than borrowing from it? Again, thank all you guys for the insight.

Maybe not being able to rollover/use until I leave the company is a good thing. That way when that glorious day comes in my REI career that my passive outweighs my W-2, when I'm walking out that door flipping double tall man's, I'll have a hefty chunk of self directed funds to invest with.. 😂

Hi BP,

So I can't find much info on this but is there anyway to use my employee contributions from my normal full time w2 job to fund a SOLO 401k or SD IRA under my REI LLC umbrella?

If not by funding directly, can I roll over my 401k or ROTH IRA from my full time job into a self directed account? Or do the funds have to be from my LLC income only?

Thanks guys!

Awwh thanks Colleen! There are quite a few pieces aren't there lol. Great points as well:) Thank you. I almost want to speak with the atty to discuss my options before being at the table with my whole family.. but I'm probably over thinking it 😅

Hi Caleb. Thanks for the feedback buddy. Hope all is well your way!