Hey all!!I'm looking to buy a 40ac parcel of land for $320k in a fast growing area of colorado. I want it as a buy and hold for future development (10 years). I have 125k of my 401k to transfer into a self directed IR...
Need any feedback or advice from someone who used their 401k to invest in their own company. I know I can get a loan (50% or up to $50k) but ideally I would like to have access to the entire amount without triggering ...
Hello,I have been reading up on self-directed IRA's and solo 401k's. I feel like I am starting to understand some of the details now, and have a tentative plan. I'm looking for any feedback/issues with it. Hopefully...
Hello BP enthusiasts...My first two flips were successful, but like most, raising capital is a challenge. For our next two flips (both under contract)-- advisable to use Hard Money or my old (separated from employer)...
I Have roughly 80k in a retirement fund from a former employer. I would like to use this money to fund my real estate purchases. I was wondering what is my best option for this? Do I move it to another type of accoun...
Hi BP,I worked at a small business and had a 401k. And at the beginning of January, 2019 I started a new job at a bigger company. I am now on the fence of rolling over my money from the old investment company to the n...
I am considering moving my sizeable 401(k) from my previous employer to a Self Directed IRA or self directed 401(k) so that I can access the balance to use a down payments on rental properties. I've come up with the t...
I have been using a SDIRA and am now thinking that a solo 401k might be more beneficial. Any thoughts on the subject?
I have being reading and listening to podcasts about using the IRA money to invest in real estate. I am clear on all the restrictions and I am willing to take those funds on my current account to produce more money an...
After you have invested using your self-directed account, you might wonder about the next steps to take. Importantly, it's crucial to be aware that a lack of available cash in your Self-Directed account can expose you...