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I am closing soon on an investment property using conventional financing and 25% down. My question is: Is it ok if, at closing, I wire funds from another of my personal checking accounts that was not reviewed as part ...
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We are currently in our first house-hack and will be eligible to purchase our 2nd HH in April (because it will have been 1 year since we purchased the first one). It looks like we will likely have around $20,000 saved...
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Let's say I have $50K in my self directed 401K and $50 in cash to invest. What would be the best way of:a) Purchasing a property for $100Kb) Purchasing a note for $100Kc) Buying a property to flip for $75K and put...
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Hey everybody,
I wanted to get peoples thoughts on how to best handle my 401k investment portfolio.
First the background info: I’m 30 years old and unfortunately have only been contributing for the last 3.5 years. ...
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How can I use Solo 401k money to fund this investment? I lease a property which I have turned into a short term rental. I am the property manager taking care of marketing and day to day operations. Can I use funds fro...
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Hi Everyone,I am just getting started and wanted to figure out the best structure to setup my business accounts as well as fund /withdraw from it. The main goal here is to maintain clean trail as well as minimize que...
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Newbie investor here. I was talking to my CPA on possibly taking a line of credit on my primary residence to fund my rental property purchases, which I’m planning to do through a LLC. She said with HELOC, technically ...
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I have been thinking about starting a self directed IRA to save up for future Realestate investments. Does anyone have experience using self directed IRAs? What are the pros and cons?
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Hello,
I have a solo 401k that I have not done much with but thought about using it to purchase buy and hold rental properties. I'm interested primarily in multi unit properties duplex to fourplex and would be looki...
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After listening to the Clayton Morris podcast (EP115 with Mike Banks) about the company Fund & Grow, I became intrigued with the idea of using business credit cards to buy rental properties using the BRRRR method....