Nilay Engin
First home to pay off
Investment Info:
Single-family residence buy & hold investment in Bakersfield.
Purchase price: $253,000
Cash invested: $50,000
A single family home I bought to live in when was single and rented ...
Robbie Pratt
Can I use my Self-Directed IRA for renovations on a rental property? This Property is currently my primary residence.
My family and I currently reside in a 3/2 1500SF SFH. I bought it about 6 months ago with the intention of turning it into a rental in the next 1-3 years as our family grows. There is about $7K worth of repairs t...
Loren Becker
Am I thinking too far out of the box, using self directed IRA
I have a opportunity to purchase a SFH investment in my neighborhood. I want to use my self directed IRA to fund the down payment and close the deal with a conventional 30 year fixed loan. The catch is funding the ...
Peace Lily
401K loan early withdraw
Hi BP investors and CPA professional, I have a question re. this topic. I currently have a loan of 30,000 against my 401K. Due to furlough status since 04/01/2020 and reduction of work force, my position was eliminate...
Peace Lily
410K early withdrawal with penalty, Cares act
Hi BP investors and CPA professional, I have a question re. this topic. I currently have a loan of 30,000 against my 401K. Due to furlough status since 04/01/2020 and reduction of work force, my position was eliminate...
James Zachary
Rolling over an old 401K into real estate
Does anybody have any advice on rolling over a 401K into long term real estate investments from a previous employer? I heard that it can be done but I’m having a tough time finding information about it on the interweb...
Keenon Moorman
using 401k for investing
looking at having to roll over a 401k as its been time. I was looking more into using rolling it into a check book control SEP. Does anyone have any experience investing in this manner that can provide any pointers?
Jason Boyer
401K used as downpayment?
What would you all advise as far as taking money out of a 401K to use as a down payment for our first rental property? I know 401K's are not popular but I have two different ones, which I know I would pay a small pen...
Cristobal Fernandez
Pensions to buy homes
Hello everyone. Is it possible to use my pension to acquire properties and how does it all work? Can I borrow and not have to pay it back or do I pay it back with interest. Is there a time limit to pay it back if I ha...
Tilmon Smith
Can I use a regular 401k to purchase real estate?
Hello Everyone,I recently joined the site and saw a lot of great discussion regarding cashing out a 401k plan versus a self directed IRA and a solo 401k plan to purchase properties. I prefer the solo 401k because of ...