Liam Martin
401K for first real estate investment
Hey BP,I am in the process of buying my first rental property. I live just outside of Boston, MA and plan to buy a property within 30 minutes of my current residence using FHA financing. I found a couple of deals that...
Gregory A.
Taxes on early withdrawal from a ROTH TSP
Hello Bigger Pockets! I am seeking some advice on withdrawing from my Roth TSP. I finished my active duty last August and have not done anything with my TSP since then. It has continued to grow, but I am interested i...
Ken Byers
Writing off tax penalty from retirement withdrawal
Good morning everyone, this is my first Bigger Pockets post and I'll make it short and sweet. I was a Federal Employee for 7 years. I was in the Thirft Savings Plan (TSP) which is equivalent to a 401K. I have approxim...
Alice Chicken
proof of Funds for REO property
hello:
As the bank makes any changes to pof. I just finished bidding on a REO property by Well Fargo here in VA. The agent told me that the bank wants proof of funds with my name on it?
i used to use my HM lender...
Michele Masters
401K Withdrawal or Financing?
Looking to buy my 2nd AirBnB property for <$400K (singe family). I am considering financing the $112K due at closing with a HELOC and a 401k loan and get a $300K investor loan. This comes to a monthly outlay of $...
Philip Hy
How do you live off your cashflow?
I've never heard anyone on any podcast or webinar talk about the mechanics of how they live off their cash flow. Do they have a bank account for each property? Or does it all go into a single bank account? How much, h...
James Nosack
401k to Buy Down Loan and Refinance Duplex
Hi BP Family,I am kicking around the idea of drawing $20-25k from my 401k to buy down one of my loans on a duplex and refinance. I purchased the property on an FHA two years ago. Although it is possible that my apprai...
Hugh Carnaha
Convert/rollover normal 401k and IRA into self directed?
Howdy Guys!
I did a bit of searching, but couldn't quite find what I needed. I did a dumb thing Jan 2 and Maxed my ROTH IRA for the year. Now i'm trying to find funding to keep a rehabing some of my distressed prop...
Bernard Chouinard
Fidelity doesn't offer SD IRAs: Got Recommendations?
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?
Thomas Campbell
Need information on Rule Of 55
Howdy! First time listener.. first time poster! Ha!I don't usually need much financial advice. And I don't need long term advice. I've been managing my finances for quite a long time but I'm needing some questions...