Chris Chase
Advice on pulling from 401k to start investing.
Does anyone have thoughts on pulling funds from 401k to start investing? After being on BP for a few weeks now im ready to start investing. I dont have enough reserves for a down payment. Any advise would ne greatly a...
Jeff McIntyre
Using a HELOC for down payment/closing costs
I recently acquired $100k HELOC.
My question is do I have to transfer funds to my checking/ savings account and let it "season" for 60 days before using it for down payment/closing costs for the purpose of getting a...
Christie Chanterelle
My stocks
Hello fellow BP members. I am hoping to get an opinion on this question that has been hunting me for a few weeks now. So two months ago, I've decided to start on my business and the only way to purchase my first flip ...
Justin Reyes
Would you liquidate your 401k to purchase your first property?
Hello my name is Justin Reyes and I’m 30 years old. I been working for a company for only 3 years and have about $30k vested in my 401k. I want to take it out and buy my first property to possibly hack or 1031 exchang...
James Wright
Withdrawing from 401K
Hello - I am new investor that recently started an llc with a partner to invest in buy and holds, and flips if the opportunity is right. I work a full time job with good income and great credit.
I have borro...
Adam Christopher Zaleski
Question about "escalating offer"
One of my realtor friends just switched from selling new builds for a builder to being an independent real estate agent. She has a listing with multiple offers. One offer was labeled as an "escalating offer" They offe...
Kyler J Sloan
VRBO Withdrawals Money in response to Guest Credit Card Dispute
So, a guest who booked my place but did not show up apparently filed a credit card dispute to get their money back, and I am now discovering that the financial institution that VRBO has partnered with is going to with...
Soo Y.
Playbook for Foreclosure with Owner Holding Over in House
A couple of questions for those who dabble in sheriff sales and foreclosures:1. What is your playbook when the existing owner still lives in the house after you win at auction?2. If you do cash for keys, how much do y...
Joshua Soboti
Anyone investing with their TSP?
Goal: Not working a W-2 job when I get out of the military in approx. 3 years. Problem: I have 2 investment properties, and no more cash. Solution: Liquidate TSP to buy investment properties? Does anyone have any expe...
Account Closed
Thinking about cashing out $10k from my IRA for a downpayment
Thinking about cashing out my IRA for a down payment on my first home.I want to buy a 3 bedroom in greater Boston. Live in one bedroom and rent out the other two.Thoughts?