With the CARES act I can take out my 401k with no penalty. I have two rentals already woth &100k equity. My wife and I are teachers and currently remt rather than own a primary. I have $100k in my 401k . Should I ...
I'd like a response to this scenario, the numbers are for example purposes but the scenario is real for me.If I have 400k to invest, should I buy 1 property outright and just rent it, or should I leverage the money di...
Could some help me out to understand this. I saw somewhere in one of the forums last night about this. Correct me if I am wrong but you use you IRA or 401k as collateral without actually move monies from it?
I am 30 years old with 75k in my IRA (not a current employer 401k program). Should I cash out what I can to purchase a multi unit investment property for buy and hold? Thanks.
Hello again everyone, and thanks in advance for putting up with all the newb questions! My wife and I moved into a 2007-built home in a newish (post-2000) subdivision about this time last year with the intent of stayi...
I'm confused. Can you borrow money from solo 401k for personal use? I understand like buying your primary resident. Can you take a personal loan? Personal loan can be buying a car or anything personal like that ri...
I want to setup a Self-Directed IRA. I have a list of dozens of providers. Before I start reaching out, what questions should I consider asking to ensure they are the right fit? To provide context: I'm an Active-Duty ...
Hello BP,I have a small (<$50K) Roth IRA that is currently 'self-directed' with Etrade to purchase stocks. I have read many posts on here about buying Real Estate with an IRA or Solo 401k (which I qualify for, but ...
Hello all,
I know that asking tax questions will most likely lead to a “talk to a CPA” or “it depends” answer. But here we go anyway!......
If I do a cash out refi on a non-owner OC investment property that I own in...
Hello BiggerPockets,I recently had the epiphany that I am not going to be able to live the life that I want to lead if I just continue putting the typical 8-10% into my 401k. I am 23 years old, a 2014 graduate of UC I...