
4 December 2019 | 23 replies
I have 11,000 in a traditional Ira and 16,000 in a Roth Ira that I would like to use to help fund my next deal.

27 November 2019 | 7 replies
Look into Self Directed IRAs and Solo 401(k)s.

27 November 2019 | 7 replies
But can I take out of Roth IRA and invest in buy and hold rental property?

28 November 2019 | 3 replies
Some want current cash (think retirees) and others want value appreciation (think self-directed IRA investors).Hope this helps.
3 December 2019 | 5 replies
Be sure to get the money back in the Roth IRA within the 60days.

27 November 2019 | 3 replies
I am not looking to invest into real estate, but am actually trying to find a backdoor way of buying a primary residence below market value and come up with a down payment and closing cost as well.Of course I don’t have a problem affording a mortgage along with principle, interest, taxes and yearly maintenance as long as the combine amount is no more than what I currently pay in rent.But I really can’t come up with much of a down payment since most of my take home pay after paying the bills goes towards investing for retirement via a 401k & IRA.

8 December 2019 | 8 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).

29 November 2019 | 8 replies
A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

18 September 2021 | 4 replies
My first property was through a HELOC, Roth IRA, and savings.

29 November 2019 | 7 replies
I've recently switched jobs which has given my previous IRA account the ability to transfer banks.