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Results (10,000+)
Tony Rawhouser cash out 401k or get a loan
24 September 2020 | 4 replies
Please be sure to select a Solo 401k plan provider which allows you to take a loan and will prepare the required 401k loan documents.The repayment terms are equal monthly/quarterly payments (as you prefer) of principal and interest (e.g. prime + 1%) spread over a 5 year term (or longer if you will use the loan to purchase your primary residence).There are no prepayment penalties and no restrictions on what you can do with the proceeds of the 401k loan.Please note that you are obligated to pay back their 401k (regardless of the performance of your real estate investment).As an alternative to taking the loan, you could even purchase the investment property directly using funds in your Solo 401k (assuming you select a Solo 401k plan provider which allows you to invest in real estate).
Tom S. Alaska Multi family owners - how has on time payment been?
21 December 2020 | 18 replies
Alaska is such a vital resource to the rest of the country and the use of oil goes for far beyond just cars that there will be a demand for its resources and the labor force.
Christina Hall STR Opportunities Hawaii Post Covid
26 August 2020 | 3 replies
Not all single family homes are created equal on the North Shore, with each neighborhood having their own niche in regards to feel, community, and life style.  
Andrew Bissada Austin Defunded the Police - Impacts 2020-2022?
27 August 2020 | 19 replies
The proof will always be in the pudding -- crime needs to maintain or drop and non-police issues need to be solved either equal or better/faster than today.
Quincy Hall Should I use my 401k to purchase a rental property?
26 August 2020 | 7 replies
Please be sure to select a Solo 401k plan provider which allows you to take a loan and will prepare the required 401k loan documents.The repayment terms are equal monthly/quarterly payments (as you prefer) of principal and interest (e.g. prime + 1%) spread over a 5 year term (or longer if you will use the loan to purchase your primary residence).There are no prepayment penalties and no restrictions on what you can do with the proceeds of the 401k loan.Please note that you are obligated to pay back their 401k (regardless of the performance of your real estate investment).As an alternative to taking the loan, you could even purchase the investment property directly using funds in your Solo 401k (assuming you select a Solo 401k plan provider which allows you to invest in real estate).
Joel Martinez Building credit as a young adult
30 August 2020 | 1 reply
https://sheeksfreaks.com/post-21-jordan-knows-how-vital-his-credit-score-is-do-you/https://www.youtube.com/watch?
Cassidy Burns Washington DC Client Success Story- 2nd House
20 September 2020 | 2 replies
Primary residence financing is such a powerful tool, especially in high appreciation markets with equally high rental rates. 
Diana Camacho PLEASE HELP: Buying First Home
9 September 2020 | 17 replies
All else being equal, it'd be ideal to keep your drive under 30 minutes!
Patrick Bunn Using Retirement Accounts for REI
31 August 2020 | 12 replies
I kind of figured the interest I’d be paying myself back on the loan would equal the gain I would have gotten had it be invested in the stocks and mutual funds in the 401k.
David Bertolaccini Inherited real estate
2 September 2020 | 5 replies
You need to consider other issues, as well:family dynamics, including potential frictionparents' views on owning this property and inheritance in general (some older people would consider setting up such trusts as wise and loving, while others could consider it equal to being buried while alive)estate planning implications if your parents have high net worthprobate implicationsyour parents' eligibility for government programs, including Medicaid long-term careexposure to creditors if one of the siblings has debtand more that I did not mentionAn attorney or a financial planner specializing in elderly issues would likely be the best source of a holistic advice