Alan K Auman
Using a 401k loan to buy sfh rental property outright,then doing a refi to pay off 401k laon. Anybody have experience with this strategy?
I want to buy a sfh rental using my 401k. Essentially I want to be my own private lender by loaning myself funds out of my 401k to buy the property free and clear and then do a refi 6 or so months down the road in ord...
Karina Ruiz
Which type of Retirement Account is best for Investors
So I'm trying to decide whether it's more efficient to invest in a traditional IRA or Roth IRA. I'm planning on retiring before retirement age, so I was leaning towards the traditional and then do a Roth conversion la...
Eric Klug
Possible Investment Options for our Home Fund
Hello! My wife and I have a small amount of funds that we sat aside when we purchased our home. We figured we could use it for any improvements, or when something inevitably breaks in the house.We keep 30% of it rea...
Geoffrey Birkemeier
Good investment vehicles for cash reserves when starting out?
I am just starting to read up on rental property investments. My current plan is to educate myself throughout this year and try to to acquire my first property by the end of this year or beginning of next. Currently,...
Joe Wood
Section 179 and income
Good morning everyone,I have a question regarding section 179 and if I would be able to deduct certain expenses against my income. My question is whether or not I can expense the full amount of my purchases against my...
Michelle B.
Purchase Flip With 401k - Help!
So - I have a bunch of cash tied up in a property that is under contract. Supposed to close on Friday and the buyer is having marital issues. Might have to go back on the market.
In the interim - I am under contract...
Sam Peterson
Real estate friendly 401k
I currently have a 401(k) with my employer. It does not allow me to use the funds for the purpose of investing in real estate property. i’m very close to changing employers, and they have the ability to discontinue t...
Chris Reeves
Seller "withdraws" counter offer before written deadline - legal?
Hey folks,This situation has not happened to me before so I thought I'd ask to see if anyone else has been through this.
On August 16 I received a seller's counter offer on a property. The written deadline for accept...
Nick C.
Tap my IRA for RE Investment?
Should I pull out a portion of my IRA balance to purchase RE? I have $200K, but can withdraw about 45K without penalty (what I'm told by my advisor). He advises against it. However, I think I can grow this substantial...
Will H.
Equity
Hello BP,I currently own a investment property with a good amount of equity and would like to use that equity to continue purchasing properties. This will be my first time doing this so I need some advice from experi...