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I know all you youngsters think you won't get older but it happens. So what you say.For those of you that are socking money away in tax deferred accounts planning on taking it out in old age. If you have a lot and you...
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Hello, I would like some help understanding the math related to taking a 401K loan. - I have a 401K which allows up to $50,000 loan for any purpose- 6.5% interest- time period can be 6 to 60 months- it is paid back wi...
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I know this may be a weird question to ask on a real estate forum (Im thinking the vast majority of responses will be pro real estate), but I wanted to get some different perspectives from the BP community. I current...
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I have recently thought about getting a loan from my 401k to buy an investment property. What I learned is I can pay a $50 fee and have 4% interest rate. The interest I pay goes directly back in to the 401k. In essenc...
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I have this situation.. My tenant worked for a company paid by Federal government. Since January he has been telling me that due to Sequester his pay is delayed.. And in Late March I was finally told the Government ch...
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Hi BPs!I need your feedback on this. So I've applied for a mortgage loan. The investment property is in Illinois, a 3/2 house. It appears that I've passed all the requirements from the underwriter except for one th...
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Do I spend it all on realestate and risk paying 50k in taxes or should I take and annuity and thus end up with a mortgage. Any thoughts out there??
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Hello! Looking for advice and suggestions for a Roth IRA Custodian I'm looking to roll over a traditional IRA to a Self-directed Roth by the end of the year, and use that for my investing. I had a long conversation wi...
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My situation is that I'm 45 years old and I have a 401K with my current employer. They match 100% up to 3% then 50% up to 5%. So I contribute 5% and get 4%, immediately vested. I've been contributing this for about 13...