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13 August 2024 | 97 replies
Very sad to hear this outcome.
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7 August 2024 | 0 replies
What was the outcome?
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7 August 2024 | 13 replies
And how the system would create negative outcomes for those who did negotiate lower fees.
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7 August 2024 | 0 replies
Use third-party experts for thorough analysis and efficient software for streamlined documentation to enhance your due diligence reports.In my experience, leveraging due diligence can lead to better outcomes.
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7 August 2024 | 32 replies
I’m considering cashing out my 401(k) and IRA funds to invest in more real estate and would appreciate any advice or insights on whether this idea is viable.Current Financial Situation:Significant savings in 401(k) and IRA accounts.Additional funds in a taxable brokerage account.Age: 40, with a relatively high effective tax rate.Limited emergency fund.Existing Duplex:Mortgage with a 75% LTV ratio and a high interest rate.Modest annual cash flow.Withdrawal Scenarios:Scenario 1: Withdraw everything today at age 40, resulting in a 35% loss to penalties and taxes.Scenario 2: Withdraw at age 60 with growth scenarios ranging from 1.3x to 2.3x the initial balance.Proposed Real Estate Investment:Purchase two additional duplexes with a 75% LTV and 6.635% interest rate on a 30-year term.Projected outcomes include appreciation, cash flow growth, loan amortization, and tax benefits.Comparison of Real Estate vs.
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6 August 2024 | 5 replies
Renovation What was the outcome?
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6 August 2024 | 0 replies
What was the outcome?
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6 August 2024 | 0 replies
What was the outcome?