What type of property do you plan to purchase(Single, multi, commercial, etc) and where do you plan to buy it?

Hello BP fam,I'm planning on upgrading my flooring from carpet to some sort of laminate/vinyl/hybrid flooring - both for personal (allergy) purposes in the short-term, and for re-sale in the long term (6mo+).

So this requires some upfront planning. 

. #4 See everything you plan to buy in person. 

Just need to put a plan in motion

-Explore builder-financing programs, private lenders, or hard money lenders who may focus more on the deal itself rather than personal experience.If you can demonstrate successful project management and a solid business plan, funding will become easier over time.

A trust transfer allows for smoother estate planning, and if inherited after their passing, the land receives a step-up in basis, reducing future capital gains tax.Each method has pros and cons depending on their estate plans and your long-term goals.

I'm making some pretty big moves right now and changing my business plan in a new direction, so I don't want to die of shiny object syndrome, but this method really speaks to me.

You can withdraw from your 401k starting in the year you turn 55 if you qualify.I am following a plan similar to yours.

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