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...
Leave it to our all knowing government to spend more of OUR money to help those that are upside down in their mortgage.
I believe it was the governments pressure to loosen lending regulations that started this whole ...
Hi everyone! I am a real estate agent in the twin cities area of MN. I got a call today from a revenue officer with the IRS asking if I’d be interested in being a guaranteed bidder for a foreclosed property that the I...
I have been interested in utilizing investor Self Directed IRAs for some time for my Real Estate projects. Reading Raising Private Capital by Matt Faircloth has convinced me it's time to start looking into this, but I...
I'm in the process of evaluating two Trust companies with San Francisco Bay Area offices to convert my tradition SEP IRA into a Self Directed SEP IRA. I've narrowed my seach down to two companies. One is IRA servic...
I am lending on a rehab through my IRA. I want to release the funds in multiple draws based on progress of the project. My contact at uDirect does not know how I can accomplish this. He wants to release all of the...
Hello everyone.... I am a relatively new real estate investor looking for some advice/recommendations. I am in the Columbus OH area and would like to know how to make best use of my self-directed IRA. I am seriously c...
I heard you can withdraw your own contribution from Roth 401K any time without tax or penalty, since it's after-tax money on the contribution. Is it a relatively easy process? What does that entail? Do i have to roll ...
Here's the situation. . .I am under contract on a property that was supposed to close next week. Unfortunately, the seller passed away and does not have a will or trust. So it looks like this will be headed to probat...
What are some of the best banks to establish 401k accounts in? I originally used TD Ameritrade as recommended by my 401k plan provider, but they have changed over the past couple of years and are excruciating to work ...