Maximo Jacobo
Cash Savings sitting in my bank account
Hello Bigger Pockets folks
I am new to real estate and plan to invest in the market a year from now (when I am financially better on paper). I am currently working on my education and my finances. However, in the me...
Kristiana Kenny
Fundrise - Real Estate Investing Online
Hello, all!I've had an interest in real estate for a few years now, but was always nervous about the instability of the market to ever put money towards any REIT... until now. I've faced my fears and invested with the...
Tarcizio Goncalves
Investing in RE with a 403b from an old employer
Hi BP community, I have 403b from an old employer that I want to use to invest in RE. There is just under 100k in this account and when looking to withdraw the money, I was told I would incur over 30k on fees and pena...
Marquis Harris
Should I cancel my 401k?
Hello Everyone,Im not sure if this is a stupid question to ask, but I am generally curious about the subject and would like to know what is the best step to take. Should I cancel my 401k?To give you a little backgroun...
Mike Morehouse
Tax/Investment CPA recommendations in SW Idaho
I'm looking for any recommendations for a good CPA/tax pro in the Treasure Valley. I need someone who is well versed in business taxes as they pertain to multiple LLCs and real estate, as well as a good working knowle...
Rich Somers
Just applied for my first commercial loan, HELOC question!!
So I am in the early stages of applying for my first commercial loan. I just got a 5 unit multi family under contract yesterday, and I want to make sure I take the best steps in order to give myself the best chance o...
Ude Al
Equity-based Real Estate crowdfunding
I am planning on purchasing foreign property using equity crowdfunding funding. Proportional equity share would be issued to investors and fundraiser which purchase the property in the fundraisers’ name. However, is i...
Account Closed
Confusion over using 401(k) money
I've been reading a lot about using a self-directed 401(k) to help with funds for a buy & hold rental property. There are a few things I'm a little confused about. 1.) Everything I'm reading says you can use a "se...
Todd Magin
Strategies for using a Self-Directed IRA
The way I see it, there are basically two ways to use an IRA to finance investments:1) Have the IRA "buy" the property and ALL income and expenses are paid to/from the IRA. If financing is used in the purchase of t...
Joe Baker
IRA
Hi, First thank you for taking the time to respond to my post. I have an IRA and it has about $55k in it and i was wanting to use that to invest in real estate. Is their anyway i can withdraw without tax penalties? I ...