Linda Doane
Trying to use 401k to invest in real estate
Hey!My husband and I would love to use some retirement money to invest in real estate. We have looked into buying directly from the retirement fund (employer refuses to roll it into a self directed IRA) as well as vol...
Fermin G.
S Corp Employed and Obtaining Mortagegs
Good afternoon, if we form an S Corp and start paying ourselves a salary out of the S Corp will that be satisfactory for the banks when they want to see consistent pay stubs and W2's. Will the formation of an S Corp ...
Teresa Oss
Mortgage help for self employed
Does anyone know any mortgage companies that work with self-employed less than 2 years. Recently self employed last year and a half. We have 3 rental properties and are in a lease to own for personal residence that wi...
Mike Taliaferro
New investor from Topeka, KS
Hello BP,My name is Mike and I am a new real estate investor in the Topeka, KS area. I am currently working full-time as software developer. I have been involved in the field for 21 years now and am looking for a ch...
Aquila Oliveira
401k to SDIRA for rehabs
I was wondering if anyone had good insights on how to use a 401k to fund deals and flips. I heard you can switch your 401k to a self directed IRA and use the funds to do as such. my questions are the obvious ones. PRO...
Joe Fish
Property management subsidiary?
Can a property management company be established as a subsidiary to a brokerage? For example, if I have an LLC for my own property management company and would like to work under a brokerage is there any reason my LLC...
Tony Lin
Leverage existing 401k/IRA. Utilize SD IRA or SD 401k?
I've read a lot of material on self directed (including checkbook) options but still not sure the best approach. Would appreciate any advice. My situation: Currently employed. Have a large 401k from 7yrs at current co...
Greg Sonnier
Using SDIRA for Commercial Office
Would this be a prohibited transaction- Let's say I purchase a commercial office building with my SDIRA and lease that property to my full time employer. I am in outside sales and may use the office sometimes. Am I p...
Ho Chi Chris Cheung
(I’m an employer)difficulty qualifying a conventional Loans
Hi Guys, I’m new to the forum - Seeking advice on my situation of buying my first 2 rental properties with conventional loans with 20% downpayment ! My situation is - I’m an employer of a S corp and have W2 from my co...
Account Closed
Solo 401k
I have two questions:
My wife and I are forming an LLC. Can we both have a solo 401K?
Can a portion of a standard 401k be rolled over into a solo 401K?
Thanks for the help