I am trying to determine if it is a good idea to cash out an old 401k (55k) from a former employer to use to invest in additional properties.  Isn't the 10% penalty the same as a loan at 10%?

I am listed as a temporary employee for a company. I work 4 to 5 months a year and net around +/- 100k a year. I am planning on looking for foreclosed homes and trying the lease/option plan. Is there any way that I...

Hi all,

I'm in a sticky situation at the moment.

I sold my property closing in 2 weeks. I've been self employed for a bit over a year. No mortgage company wants to offer a mortgage to me unless I was ...

I have been attempting to get a loan for about a month now but I have been having trouble. I've only been self employed for about 9 month and have a very steady income. Every lender asks for 2 years of profit and loss...

Many people ask about who the large employers are in Indianapolis (e.g. Eli Lilly Global Headquarters, etc.) and if employment is growing.  Here is some anecdotal evidence on the growth aspect.Salesforce.com, a techno...

Hey there, I am a real estate investor in Jacksonville, FL and I had a question about that best way to get financing for properties without currently having any income and not having 1-2 years of self employment tax d...

How do you verify the copy of the taxes returns provided to you as proof of income for self-employed?  Can a signed authorization of release be submitted to the to IRS for the transcripts of the tax return? Or

I am trying to refinance my house in Pittsburgh but because I am recently self employed I am running into issues with the traditional path.  I should easily be able to get the loan with someone who works outside the t...

I'm a college student and I don't have a job right now, but I would like to get into real estate.

I was thinking about trying to work for a larger real estate company, even if my own position wouldn't have anything t...

I am trying to evaluate cashing out my old 401k to invest in additional properties. Isn't the 10%penalty just like interest on a loan?