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Breaking Down How Much Money You Need to Invest in Real Estate
21 October 2024 | 1 reply
Examples of liquid assets that can be used for a contingency fund include:Cash in a bank or savings accountStock or bond investmentsCash value of an insurance depositMoney in a 401K, IRA, or other retirement savings accountCertificates of depositLet’s say your monthly payment for a mortgage is $1,500.
Art Webb
IRA to Roth IRA Conversion Strategy - Is this a sound strategy ?
11 October 2024 | 2 replies
This would be a ten year initial commitment of my IRA converted Roth IRA dollars.
Tanya Maslach
Using an IRA for downpayment funds?
11 October 2024 | 10 replies
Alternatively, you can convert your IRA into a "Self-Directed " IRA and buy investment real estate inside your SD IRA.
Kenny Banuelos
18 years old, serious about investing!!
15 October 2024 | 14 replies
Getting started as young as you are, with savings and already contributing to a Roth IRA!
Anne Christensen
Best Down Payment Option
15 October 2024 | 16 replies
Here are some important facts with respect to borrowing against the 401k: 1) It must be a 401k, once you rollover your funds to an IRA, you don't have that capability. 2) You can only borrow up to 50% not to exceed $50,000. 3) You must make at least quarterly payments, with an interest rate set usually at prime + 1%.
Lori Brock
WREIN, Kelton Todd, Tresa Todd-Lugten
29 October 2024 | 131 replies
They have suggested to masterclass members to use their IRA to pay for their the mentorship cost.
Ryan Rabbitt
Employer does not match 401k - should I invest?
14 October 2024 | 24 replies
If employer doesnt match, might as well do a standard ira if you qualify.
Brian Carmichael
Sell all real estate in IRA account
10 October 2024 | 5 replies
You need to a ROTH IRA to withdraw money without paying tax. 5.
Max Bellino
Anderson Business Advisers Asset Protection
15 October 2024 | 26 replies
Most multi participant retirement plans are Federally exempt from creditor judgements; IRAs are Federally protected as a bankruptcy exemption up to $1,512,350; some states (Texas, Florida) extend this protection to the full amount held in the IRA or any other retirement account.5.
Fergus Cullen
What would you do: Re-financing reno & new construction
15 October 2024 | 2 replies
My primary residence has about $700K in equity and my IRAs are solid, but they don’t look at those.