Hi all,As you see from my subject line i have a quick question about IRA's. Does anyone have any experience using an IRA to fund a deal? I've read that you can take up to 10K out for your first home purchase. Can some...
There is a house near where I live and it is going into preforeclosure. It was built in 2005. I am listening to various podcasts and many of the people I hear say that they put offers in on 30 or 40 houses at a time. ...
So I have an old 401K I'd like to convert to a SDIRA but Fidelity doesn't offer this. I'm in Central Massachusetts. Any recommendations on does out there?
Hello BiggerPockets,
My partner and I would like to acquire our very first property next year. We want to house hack a duplex. Our goal is to have $20,000 saved up by July 2023. I myself currently have $11,000 in my ...
Money is an obvious requirement in order to live and pay the bills. Without money, working for a wage is a necessary task. Unless someone is a full-time investor, it is likely that the burden of monthly expenses are l...
I accepted a $10,000 “gift” from my father for the down payment for an investment property. The lenders won’t accept the “gift” money, only money from my 401k which I found out recently that I cannot withdraw because ...
HelloMy name is Silvia Avila and I am looking into investing in some properties in the Central Valley in California. My question is I have a 41k where I can do a hard withdraw but will have to pay high taxes. What wou...
Hey everybody, I was just wondering if anybody has made use of the the CARES Act to withdraw money penalty free from their retirement accounts? I understand that you still have to pay taxes on the amount but you can s...
I am trying to figure out that how will the actual draw for a distribution be made? Would it be mage through a W-2 paycheck as bonuses, or a separate check/bank withdrawal, or paid at the end of year etc... Also I wan...
Hey All,Over the last few years I’ve decided to change my entire investment strategy from accumulation to cash flow. It’s been working well so far. Recently, I’ve been contemplating withdrawing my entire TSP and buyin...