Just reading into the COVID w/d available for 401ks out there.  100% of my funds are locked in my employer's 401k plan and I am considering taking a distribution and then immediately make a contribution to a Self-Directed IRA to invest a portion of the funds in R/E.

Property Address 588 Lawson Ave E, STP 55130 MLS# 5610704 Number of Units (Duplex, Triplex, 4plex) 2 Crime Rating (Low/Medium/High) Medium Property Listing Price $ 249,900.00 Rehab Needed?

Think E*Trade or Fidelity with different paperwork.

Purchase price: $74,000 Cash invested: $26,000 Sale price: $139,900 E Elm had some pretty severe water damage from a neglected water heater and roof.

Then add in the net income from any schedule C business or schedule E rentals and pass-throughs.

@Sebastian E.

It can be a big plus to have the MLS access, e-Key and lockbox access for viewing properties, etc.  

And yes, have agent write a pa and have it go through the broker, at least you will have E & O insurance coverage .

@Donald E Appleberry This is great information!

@Lynnette E.