Hi is it a good idea to use some of your 401k/403b fund as a down payment on your first real estate property. What are the pros and cons of doing so and finally are there any hefty penalties for doing so.
I want to purchase a turn key airbnb night next door to my other one. I have 127,000 in my self directed roth. Purchase price is 350,000. How do I go about using these funds towards the purchase price, that would leav...
Good morning BP. I've been considering using a Thrift Savings Plan (TSP) loan to help finance my next investment. As I've looked into it with some caution (after all, EVERYBODY* says "Max out TSP! Don't touch it!"), t...
I work for a Hard Money Lender, and had a client ask once how he might be able to leverage an SDIRA to create more liquidity. He was using the funds to invest in real estate, but wanted a way to keep at least a portio...
I am looking for ideas to have an IRA account funds be extracted to be used and the tax be deferred
Hello,- Say I identify 3 but then change my mind, how many times can I change the list before the 45 days is up?- Can I withdraw the list within 45 days and cancel 1031?
I have 22 stock options when it comes to election contributions through my 401 K? I don't know anything about stocks. What factors should I look for when it comes to which stocks I should contribute to?
Was hoping someone familiar with the matter could shed some light on the matter.I'm 30 years old now. I will have the option of retiring in 5-7 years. I probably wont, but I will have the option. I've invested all my ...
Has anyone cashed out their 401k? You would have to pay a 10% penalty plus you pay federal/state taxes. Any comments is it too risky or risky not to do it?
Hello BP experts,
I hope you had great holidays.
I am facing the following situation:
I need to put 25% for my next investment. I have some savings in my bank. However, the rest of the down paymen...