Christian Rodriguez
Can i take out all of the money out of a 401k account ?
Still working on finding my first deal but luckily have found my market ! Now i have been tasked with helping my mom invest the money in her 401k account, I was wondering if there was a way to be able to take out 100%...
Tricia O'Brien
Using IRA money to buy / create notes
I recently heard that investors can take money out of their IRA to lend as hard money lenders or to buy notes without paying the 10% penalty to the IRS. Is this true? Has anyone done this? Any replies would be appreci...
Greg Perkins
Is Lease Option or Subject to possible in Texas?
Im just a few months into my REI education and I'm intrigued with Lease options/seller finance/Subject to situations. I've seen several "mentors" aka possible gurus mention "not possible in Texas". Can someone guide ...
Corey Dutton
Pricing on Hard Money Loans Varies Widely Among U.S. States
Why do the interest rates charged on hard money loans vary so greatly from one State to another? Borrowers ask me this question all the time. For example, in California rates charged on hard money loans start as low a...
Blake King
Where to save for a down payment?
Hello Everyone!I am starting to save for a down payment on my first home. I want to have 20k by April 2018. I am just out of college, and the last 3 months out of school i have been working full time and have been ext...
N.A. N.A.
When to sell.
I am curious as we have bought a 40 unit complex within the last couple years, and I am curious what you guys would do in my situation.
It is a late 70's setup of 12/4 plexes. In a regional town that is compl...
Tony Thomsen
South St Paul, MN - first multiplex contract for Deed
I’m developing cold feet
A contract that favors the seller and a standard Minnesota contract for deed.
The roof of the 4 Plex worries me and any repairs done to the property is mine to do at contract signing.
The...
Edward Briley
Warning: Controversy Below - Raise the Fed's Discount Rate NOW!!!
I am someone that have flipped several homes in my life, and now I can see where it is time the raise the interest rate at the Fed's Discount window.By doing this will increase home values, and cause more homes to be ...
Eva Morel
Withdrawal from 401k?
Withdrawal from IRA?Due to COVID I have access to withdrawal from my IRA penalty free. The purpose of the withdrawal would be to put the money directly into a real estate investment. I will still will have some money ...
Isiah Ferguson
Cash reserves or credit ???
Hello, BP. When you are going to refinance your property. I believe 1 of the requirements are "cash reserves" to cover 6 months to 12 months of funds to cover the mortgage. Instead of having cash, can a person use Cre...