Tom Arttus
What’s the best way to leverage 401K’s to buy rental properties?
Hi BP group,I, and I’m sure many, have a lump sum of money in a 401K/IRA. I currently have my money is a self directed IRA and use it for hard money loans. I flip the funds and do well with this strategy. However idea...
Stacy Fernandez
Old Retirement Account - What should I do?
Hello Friends!Just looking for some advice on an old retirement account and how to start a new one.I have been self-employed for about a year and half now and putting off moving my old retirement account. At my previo...
Cayce W.
50/50 deal, split among my brother and my self-directed IRA
Please guide me on how to do this deal. Thank you in advance.1. Brother buys an ugly empty fourplex for $150k, then adds another $50k to fix it up.2. 6 months later, property is now fully leased at $3k in gross monthl...
Josh Carter
Investing with a "disqualified person"
Hi everyone,I am about to go into contract on a 5 unit property with a family member who is a "disqualified person." Now as I understand it's ok to partner with a disqualified person but not to loan money to or from ...
Brian Peterman
Will I incur a penalty or have a tax hit on a withdraw Roth IRA
Hey BP! Working on closing my first deal and I'm wondering if my thinking is correct. I am purchasing a 3 flat that I will be living in and this is my first home purchase. I have ~$20,000 total in my Roth IRA and I wo...
Gerich Fellermann
Loan Options? Want to 1031 rental>rental but 6m into new business
Hello all,
I'm wondering whether my situation is outside of the realm of financing possibilities, even creative ones.....
My wife has had a small rental in NJ for 10+ years. She has refinanced so we are looking at...
Lois S.
How to vet prospects with several foster kids -
Got a call from a prospect with a full time job & several foster kids for whom he has guardianship. Without the (substantial) payments he receives for each child, he wouldn't qualify under our income criteria. Ho...
David Lee
Can I start an LLC with my self directed IRA?
I was wondering if I could start an LLC with my self directed IRA. I was considering purchasing property with the LLC and loaning money to purchase property in the LLC. Does anyone know if this can be done? If so d...
Daniel L.
Investing on Behalf of or Maybe Commingled with Parents
My parents have equity in a property of which drawing $200k on the HELOC in no way risks their livelihood. They've done so before for investment purposes and wish to exercise it again. They're wanting to explore one...
Account Closed
Searching for Mentor in Boston
Hi Everyone,
I'm currently searching for a Boston area real estate mentor. As a brief background, I graduate this spring so I have about a month before I will begin working again full-time.
What you get:...