Hello, I’m a college student about to graduate this year 2020, but I’m not happy because I’m 27 with no properties. I have a 401K about 25K in there from my last job. Can I use that 25K to get started or will the gove...
I feel in my gut I could have gone about this a better way and could use some input.I recently pulled out all of my money from my traditional IRA to put towards a down payment for a duplex my wife and I are buying in ...
Hey Group. I have noticed some of the larger banks (B of A) are *still* hosting limited lobby hours and business hours. They cite "CDC guidelines" as their reason for this. I have visited multiple B of A branches, ...
My wife and I are in the process of starting our rental portfolio. We're scheduled to close on a property soon but wondering what's the best way to leverage our money for the down pymt. We currently have a Heloc ava...
I have been told that I cannot withdraw from my 403b plan unless I take a loan or am 59.5 years old (which I am not), even if I am willing to take the IRS penalty. I was told, however, that if I were to take a loan a...
We're under contract for our first BRRRR investment. It's a HUD foreclosure we got for $78k. ARV is probably $150k-$160k. However, there are a few big question marks we're now working to resolve. One is an undergr...
Under the "Cares Act" I could make a withdrawal without penalty I get laid off or if my spouse has covid 19. Does the same apply for Hardship if my spouse got laid off or lost her job due to Covid19???
Thanks Tom
Withdrawal from IRA?Due to COVID I have access to withdrawal from my IRA penalty free. The purpose of the withdrawal would be to put the money directly into a real estate investment. I will still will have some money ...
Good day BP Family,I've tried to search what kind of taxes I'd face with an early withdrawal from my 401k and have not really found the answer to my particular question. Just using roundish numbers, my annual salary (...
Hey BP,My husband and I are 25 years old. Just bought our first house back last year and on a clear path to purchasing our next by the end of this year/early next year. We opened a Roth IRA but have yet to contribute....