Stan Barrett
Bio of Stan Barrett
My career in home improvement and repair began in 1973 while working for a home improvement company as a door to door canvasser, then I enrolled thru the UAW connected Trade Union Leadership Conferences into building ...
Account Closed
Using IRA money to fund first purchase
I work for a bank and during IRA training today it was briefly brought to our attention that the IRS waives its 10% premature penalty on a Traditional IRA distribution if that distribution is used for a first home pur...
Pasquale Zingarella
Looking for Builders in Fort Myers
Hi! I am looking for a builder in the Fort Myers area. Looking to build on a plot of land already owned in Northeast Fort Myers.
This will be a simple entry home 3/2 1400-1600 sq ft to flip or rent out.
Please let ...
Randall Kates
Negotiating with the bank on a distressed property
I recently got a property under contract for 140k and had 3 contractors quote me on how much it would be. Which was over 40k in rehab cost on average.The bank believed that the listing realtor undervalued t...
Christopher Nathaniel Hart
In need of some advice
So I just purchased my very first house, which is also my current residence for my wife, two children and myself, I had to completely drains my savings in the process. I know I'm at least 1-2 years out from being ab...
Joshua Feit
Motivating a contractor at the end of a project
Greetings BP!I have hired a contractor to help me with a rehab in downtown Atlanta. We are fixing the house to solid rental condition, and then I am going to hold the property.The work is 95% finished, and the punch l...
Francesca Hoffman
Income Qualifications for Loan
My partner and I have been saving up to buy a multi-family house in the Hudson Valley. The idea is to buy something with at least one rental unit so that we can transition to a life with lower monthly costs over time,...
Nick Halsey
North Las Vegas HOA scam artists
I have a rental property in north Las Vegas with a horrible HOA. I have great renters who try to follow all the crazy rules that the hoa has made up.
I was recently away for 6 months and did not know I was being pena...
Nick Halsey
Corrupt hoa in north Las Vegas
I have a rental property in north Las Vegas with a horrible HOA. I have great renters who try to follow all the crazy rules that the hoa has made up.
I was recently away for 6 months and did not know I was being pena...
James Harris
Taking from 401k to buy an investment property
Hello,
Can anyone tell me how to take money out of my 401k to buy a property without being penalized with all the taxes? Or even if there is a way to do it.
Thank you