Are the books and membership bought from either BiggerPockets or any other site considered tax deductible if you are using the books to help educate you to build your business or entity?
When I quit my job I'm going to cash out my 401k. Is there anyway that I can avoid the penalties if I am going to invest it into an investment property? what percentage is the norm when cashing in your 401k?
I'm looking to partially fund a fix and flip using money from a self-directed solo 401k. My thought is to purchase the property using hard money and then fund the rehab, which exceeds the purchase price and current va...
Hello there, I am considering different ways to fund the rest of the rehab work I need done on a duplex I purchased earlier this year.The Facts:- Its not a major rehab. I want to give the side I'm occupying somewhat o...
Hello, I've lurked on quite a few of these posts and have found several answers, but I have a couple more questions. I know if I use a Roth IRA to purchase a property, all expenses have to come from the Roth and all ...
Hi BP community,I'm finalizing the details on purchasing a multi-family home in the area and have a private investor/partner who will be primarily funding the project. Because of this, we have some flexibilty in how w...
I'm about to hopefully start my future with flipping houses. I recently quit my job and want to use my retirement to start. It is not alot about 30k and will need all of it plus my savings to do it. I've read alot of...
First of all....Thank you for your answers and your experience!
I am using an investor and he has offered to go to any financial institution and get a loan and/or line of credit to help me grow our money.
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I will be purchasing my first commercial real estate muti-family apartment building. I need to know how much percentage of my 401k would be best as down payments and how much I need to reserve for upcoming expenses to...
Quick intro, current SFR investor who just jumped into apartments---a 16 unit and a 12 unit. I have a great management team so I'm not as nervous as you would think. Anyway, a quick banking question. I have my busines...