Jonathan Shnoravorian
Using 401K to purchase Rentals?
Hey everyone,
I've been considering borrowing or taking cash out of my 401K to help fund purchasing out of state rentals. I contribute about 10% myself, and my employer matches 6%. In just a little over 5 years, I ha...
Account Closed
How to make 10k a month through rental property?
Hello guys,How can I make 10k a month through rental properties with an investment of 1 million dollar in 1-2 years period. (Without holding any full-time jobs)? How is it possible to make 20k a month in a 3-5 years p...
Nithin Mathai
Opening a Business Bank Account with a Partner
Hi BiggerPockets Friends,My business partner and I are looking into opening a business bank account. Each of us has our own holding company LLC and the property is held in an LLC which we both own 50-50 through our ho...
Verenna Huerta
Pension Plan Money for REI
Hi BP Community! I have a defined benefit pension plan from a previous employer with about 11k and I want to set aside that money for REI. I have a Roth IRA that I could roll it over to and keep the remaining 5k but w...
Tariq Rushdan
Exception to 5 year minimum
Hey Guys, I have been trying to formulate a strategy in which I can rollover funds into a Roth IRA and withdraw my money to buy some investment properties. The problem is the IRS wants you to wait 5 years from the in...
David Bittorf
Is it smart to draw early from Roth IRA to invest in real estate?
I currently have about $115k in my Roth IRA. $60,000 is contributions. If I understand this correctly, I think I could pull out $60,000 for a 10% penalty ($6000). If I pull out the whole thing I think I would get hit ...
Kevin Young
What kind of retirement account should I have?
I’m 24 Years Old And I Want To Know Which Type Of IRA I Should Have. Self-Directed IRA Or Roth IRA?
Julie Dillon
401k borrow or withdrawal/ cash-out?
My husband and I are 51 and 52 and only recently got into real estate investing so we want to be aggressive in growing our doors. We have 2 single family homes and 1 duplex and now we are pursuing a 4-plex. We cant de...
Michael Perna
David Greene!? Crypto? Scam!?
Hello! Has anyone worked with David Greene!? i feel like I’ve been scammed out of my money and it’s very unsettling from such a great place like Bigger Pockets…I invested $5000 into his crypto trading platform, a...
James Sea
Alternatives to holding reserve funds in savings account?
Are there alternatives out there to holding reserve funds in a savings account?
Short term bonds? GICs? Anything else?
It hurts me to see essentially nothing in interest on my reserve funds when I know there are bet...