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Speak to me like I am 5 Years old Customary Total fees interest etc for 100k hard money loan for 4 months?
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I would like to roll over funds from a 401K with a previous employer to a solo 401K with the intent to take a personal loan of 50% of the funds. I would take the $20K and add it with personal cash from my husband to...
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Question (1) :
I am setting up a new LLC. There is about $15K of rehab that needs to be done on the properties. Instead of capitalizing the LLC with $15K, is it better to capitalize the LLC with a $15K loan? This ...
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Greetings! Anyone have ideas on how to continue investing when your money is tied up in a commercial real estate deal?Lender said I can’t dip into our equity for a minimum of 12 months. Suggestions?Thanks!
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Hello. I am new to real estate investing planning to buy my first STR in 2023, I am saving for cash down payment but wondering if taking a loan from my 401k would be a way for me to make this purchase sooner if the ri...
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Hello! I am interested in getting a Duplex, Co-owning with my daughter. She would live in 1/2, and I would rent out the other half. I would put down the down payment & closing costs, and she could repay her 1/2...
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If you had $70k in your bank account, how would you invest it right now? Non-real estate
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I was wondering peoples positions on borrowing against a 401k for a down payment? Thanks
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You can not rollover funds from a ROTH IRA to a ROTH solo 401k per the IRS rollover matrix.
Under the CARES Act you can take a $100k withdrawal/distribution without penalty from your IRA or QRP, and if you repay it i...
I have a signed purchase contract for my first 4 plex. I will be going in on the deal with a few other family members as i don't have the cash for the 25% down-payment that is required. Is it possible/legal for them ...