Daniel M.
Seeking Advice on Using Retirement Funds for Real Estate Investment
7 August 2024 | 32 replies
Quote from @Paul Novak: Quote from @Daniel M.: I’m considering cashing out my 401(k) and IRA funds to invest in more real estate and would appreciate any advice or insights on whether this idea is viable.Current Financial Situation:Significant savings in 401(k) and IRA accounts.Additional funds in a taxable brokerage account.Age: 40, with a relatively high effective tax rate.Limited emergency fund.Existing Duplex:Mortgage with a 75% LTV ratio and a high interest rate.Modest annual cash flow.Withdrawal Scenarios:Scenario 1: Withdraw everything today at age 40, resulting in a 35% loss to penalties and taxes.Scenario 2: Withdraw at age 60 with growth scenarios ranging from 1.3x to 2.3x the initial balance.Proposed Real Estate Investment:Purchase two additional duplexes with a 75% LTV and 6.635% interest rate on a 30-year term.Projected outcomes include appreciation, cash flow growth, loan amortization, and tax benefits.Comparison of Real Estate vs.
Zach Kirchoff
Loans on Spec Home Construction
2 August 2024 | 11 replies
Quote from @Paul Sofia: Quote from @Zach Kirchoff: Hello,Looking to speak with an expert in the spec home lending space.
Jack Saunders
Flip Home from Hell - Seeking Advice
3 August 2024 | 10 replies
Quote from @Matthew Paul: I have replaced many septic systems in my younger years .
Paul Novak
401K Investment Feedback
1 August 2024 | 4 replies
@Paul Novak you should reach out to @Dmitriy Fomichenko who is the expert in this field.
Rodney Brandt
Best introduction book to syndication real estate investing
1 August 2024 | 10 replies
Quote from @Paul Azad: 1.
J Muir
Paul McGraw Mentor Program Actual Review
28 July 2024 | 5 replies
And there is not much out there because is program is small and I saw one that leaned negative unfairly by someone who never even worked with Paul McGraw or his program.I started working with Paul McGraw and his team just over a year ago and I’m amazed at how wonderful real estate can be.
Anthony Pollachioli
Refinishing hardwood floors
2 August 2024 | 10 replies
Like @Matthew Paul said, if you use a commercial sander and do a couple of passes, you will essentially fill those holes with the dust.
Hughston Thackham
Utilities Question Help
2 August 2024 | 20 replies
Quote from @Matthew Paul: When you rent a car is gasoline included ?
Michael Keith
5 Main Reasons Why the Real Estate Market Won't Crash
7 August 2024 | 73 replies
Quote from @V.G Jason: Quote from @Paul Azad: Quote from @V.G Jason: Quote from @V.G Jason: Quote from @James Hamling: Quote from @V.G Jason: Quote from @James Hamling: Quote from @V.G Jason: Quote from @V.G Jason: Quote from @Carlos Ptriawan: Quote from @V.G Jason: Demand will pick up as rates retrace.