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I wanted to know your thoughts on this. I was thinking of moving close to $200k from an old 401k account into SDIRA. I’m not much familiar with SD custodians. Only one I know is Speciaized trust company. Do they vary...
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I understand you can’t do any work on a property your IRA owns. What if you have a portion of that property owned by a LLC? Can you argue you are doing work for the LLC portion?
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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 was wondering if anyone had good insights on how to use a 401k to fund deals and flips. I heard you can switch your 401k to a self directed IRA and use the funds to do as such. my questions are the obvious ones. PRO...
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Are there other options besides taking a loan from my 401k? I can loan myself a max of $50,000. While that will help, I may need more and I have a pile of cash sitting there that I'd like to diversify away from stock...
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How is the Ohio market for flips? Which city is the best Cincinnati, Cleveland or Columbus? If you are flipping in any of these cities please share your experiences. I hear good contractors are hard to find and man...
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My previous employer was forced to close shop and I was just told that they are going to send me my 401K funds. I've decided I want to use these funds to invest in real estate (I have a separate IRA from previous 401k...
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Hi all-I’ve done quite a bit of reading and searching the forum - some posts came close to my scenario but not on the mark. For 3 years I have been JVing with a partner to buy Mortgage Notes (6 plus to 1ur holding) - ...
Hello Everyone,
I am new to bigger pocket forum. I have 2 rental property and 1 primary home in Southern California. I am looking to my my 3rd investment property to rent out. I heard of Real estate investment throug...
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Hi Everyone...I found out that one of my parents has substantial funds in a Money Market account that is part of his retirement portfolio. His accountant said he can invest it in ventures other than stocks, bonds, mu...