Hi all,
My first post here. Been reading BP and watching YT videos etc. for a while now. Live in the UK but planning on moving to the states next year (Philadelphia) on the E2 visa.
A big concern about getting int...
I’ve been listening and reading about Tom Wheelwright’s suggestion on cashing out on 401k/IRA and taking the penalties and investing it in real estate since new tax laws would be in favor of investors.With new tax law...
by Samuel Stebbins, 24/7 Wall St. via The Center Square"The Huntsville metro area, located in Alabama, has one of the fastest growing high-tech sectors in the country. Between 2015 and 2020, employment in high-tech in...
I want to rollover my IRA into a solo 401k (I'm self employed) and borrow against the 401k for real estate ventures. Currently I use Vanguard which has the lowest fees, but they don't allow 401k loans. Fidelty doesn't...
Hi Everyone,
I hope I don't sound stupid asking this but how does everyone who is self-employed qualify for a loan? I'm a web designer and after reading Rich Dad Poor Dad, I made an S-corp and funnel most of my expen...
Hi Everyone!!!I am very new to this investment world and I've been reading about creative funding. I came across the option of using a Self-directed IRA and I wanted to get your thoughts on what do you think about us...
Hey BP!
I have a 4 unit building I am buying for 190k, that needs 200k in renovation and I plan to condo these units off and sell them individually.
My question is, can I sell off the first 3 that will put me almo...
Hey BP,
I'm trying to figure out options for REI with a 401k. I've read about a few users on BP doing it, but I'm still not entirely sure how it works. The main reason I'm interested in doing this is that my company...
I been in car sales since 2011, started working for my brother in his used car lot , then on 2016 to present day i became self employed, still in the car sales field, buy vehicles at dealer auctions(using a DL license...
Looking to open a solo 401k under my current Home Improvement business which is a LLC. Need checkbook control and ability to take loans. Any recommendations from those that currently have the same.