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2 September 2019 | 4 replies
Hello BP,I'm looking for advice on how to use funds in a IRA to assist in purchasing a property for a fix and flip.
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4 September 2019 | 20 replies
This could be a paid off car, mutual funds or stocks held in a Roth-IRA, or any other asset you have.
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16 January 2020 | 3 replies
@Gary Abner You could do Substantially Equal Periodic Payments but I find that if you are doing long term planning you can accomplish similar goals by doing annual Roth conversions.With a Roth IRA you can take out your contribution basis (amount you put in less any withdrawals) at any time with no taxes or penalties.
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11 January 2020 | 0 replies
Hi BP,I bought a commercial property with two other partners using my Checkbook LLC (Roth IRA).
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12 January 2020 | 6 replies
@Steve HiltabiddleIf you will be doing that many note transactions, you will definitely want to research the Checkbook IRA LLC or Solo 401(k) plan.
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14 January 2020 | 13 replies
Not sure if this applies to a solo 401k, but can happen in an SD IRA.
12 January 2020 | 2 replies
I’m planing on opening a Roth IRA either with vanguard or m1 finance.I was going to invest in either vtfiax,vtsax but the minimum is $3k and I don’t feel comfortable since this will be my first time and I don’t really want to take that much out of my saving right now So I will do that next year when I have more.So my question is what would be the Best to do I feel more comfortable with $1.5k I heard of the lazy 3.
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7 July 2019 | 4 replies
Once you establish a new self-directed IRA, you will contact each of the 401(k) administrators to have them rollover the funds to that IRA.
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10 July 2019 | 11 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.The site has quite a few tools that can be helpful for new members.
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18 July 2019 | 3 replies
I have no cash for a down payment on a new home, but I have the equity and $170,000 in an IRA and $45,000 in a 401k.I am meeting with a trusted loan officer next week but that's only about what his bank can do for me.