Curtis Steinman
Flipping in a Self Directed IRA
I am looking at rolling my 401k into a self directed IRA with checkbook control in order to flip properties. I will be buying the properties using case from the SDIRA and reinvesting the profits back into it. So I w...
Chinmay J.
New investor in Tax Liens - State of MD.
I am planning to invest in Tax Liens in State of Maryland in 2017. So I am trying to do my homework beforehand so I would be prepared for next year. Being a novice in this area, some of these questions are probably t...
Scott Goodson
Withdrawing retirement funds to invest
I have a retirement account from my previous employer that I wish to use to fund a deal that I currently have under contract. My question is with the CARES act am I able to withdraw that money penalty free and if I pu...
Mukesh Yadav
Looking for feedback on Self-Directed IRA custodians
Hi Everyone,I am looking to open a self-directed IRA account(checkbook facility) and would love to get some candid feedback on who are some of the good custodians out there, that are flexible and have reasonable fees....
James Scott
Starting a Partnership
Quick recap of my current/first deal: I am buying a duplex with my contractor/family friend. He brought the deal to me on this occasion, before this he was just inspecting and giving quotes on properties I was analyzi...
Sean Harris
Pulling out 401k money for investing
During this whole Covid19 epidemic my 401k investment firm is offering that they will waive the early 15% penalty to pull out up to 100k with no payback. I know there will be taxes due in doing so but I have never see...
John Walter
M.S. in Real Estate Development from NYU (Waste of time?)
Let me start by saying I am a newbie to the real estate game. I have hustle, but not much else. I'm using that to rapidly increase my knowledge of the industry, and I just came across a graduate degree offered by New ...
Brian Geiger
Syndications vs. Joint Ventures
Please tell me if I'm right about this. A Syndication is when you have investors that are silent partners in the deal. They are receiving a return solely off the knowledge and work of the general sponsor. Because of t...
Jeff Caravalho
Solo401K - How to administer a loan to myself
Hi BP, I would like to loan myself 50K from my solo401K to pick up a foreclosure at auction. My custodian says it's my responsibility to administer it. Seeking direction on the best way to do that. I'd like to min...
Nico C.
Flood Insurance Blues
I have multiple properties in a FEMA Rated "minimal flood risk" zone - but still in Virginia Beach, VA. VB experiences all the joys of a hurricane prone area as well as the weather irregularities of the southern east ...