Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (9,036+)
Devin Fakner New to Bigger Pockets - Investor from Dallas-Fort Worth
17 January 2020 | 3 replies
I'd like to expand my rental fleet, while also dipping into House Flipping in the DFW area and Tulsa/OKC.It is a pleasure to e-meet all of you!
Tamika Malcolm How to use 401k for investment properties
21 January 2020 | 7 replies
The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Alternative: Rollover Funds to A Solo 401k & Take a 401k loan or Invest in Real Estate DirectlyIf you are self-employed (i.e. active self-employment earned income separate from your w-2 income) with no full-time w-2 employees, you can set up a Solo 401k and then rollover your 401k funds once you leave your current job [NOTE: You generally can't rollover funds that you saved to your current employer plan until you quit.].You could then take a loan of up to 50% of the balance not to exceed $50,000.
Kyla B. No no no - how to say no
18 January 2020 | 9 replies
Negative rental history, eviction, or outstanding monies owed to a previous landlord are unacceptable.
Michael Masterson Tenant utilities in another parties name & future suggestions
21 January 2020 | 2 replies
In Ohio if theres outstanding balance it can over time become the property owners responsibility but only if it in fact reverted to my name.
Uju Anyanwu Prospective renter has class C misdemeanor
26 January 2020 | 12 replies
Negative rental history, eviction, or outstanding monies owed to a previous landlord are unacceptable.
Jessica Jaboor Mom and pop brokerage
22 January 2020 | 3 replies
I'm on an 80% split with low fees and a phenomenal amount of tech (outstanding CRM, lead gen tools, transaction management, training, etc) provided. 
Joe Ort Renting former personal home - lease option + wrap?
22 January 2020 | 0 replies
Loan amount outstanding: 370KP&I: $1856/moEscrow: $1100/mo (taxes are $8800/yr)Renting: $3900/moI have a HELOC so I can access 70K of the equity (already deployed) but that's a lot of equity sitting there.Would you try to sell it when the lease is up to any buyer and move those funds elsewhere?
Kevin Garrity Real Estate IRA Custodians
25 January 2020 | 6 replies
I appreciate any info and appreciate all of the outstanding points of view and experience found on this site!
Alipate Moleni Creative Financing Challenge: 850k 4 unit
25 January 2020 | 6 replies
250k equity implies an outstanding balance of 600k. 
Jeff Piscioniere Structuring a partnership investment using a 401(k) loan
8 February 2020 | 15 replies
The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Please keep in mind the multiple loan rules:Under those rules, the sum of the balances of a participant's outstanding 401k loans under a single 401k plan (using the highest outstanding balance of each loan over the last 12 months) can't exceed 50% or $50,000 whichever is less.