I just recently stumbled upon the FIRE community and BiggerPockets. Seems to me that many people who have achieved FIRE got there by maxing out their tax advantaged retirement accounts and then use the 4% rule to liv...

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 $...

Hey everyone. So I know this question has been posted before but here we go -I’d like to cash out my nyc TDA account. It’s like a 401k. I no longer work for the city. I have 98k. I could do a loan for 50k. If I cash o...

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...

Hey!
Just reading into the COVID w/d available for 401ks out there.  100% of my funds are locked in my employer's 401k plan and I am considering taking a distribution and then immediately make a contribution to a Sel...

Curious: who has done an early withdrawal from a SDIRA, paid the 10% penalty, and not regretted it? Is paying a 10% penalty worth an extra 3-4 properties in your portfolio?

Does it make sense to withdraw the max of 100k to invest in a rental property vs a flip?

Has the penalty for taking money out of my Roth IRA changed because of the covid deal? I know I can take my original investment out without a penalty but what about the money that has been made?   i would like to use ...

I have been planning to use my 401k to use as a down payment on a home. I have been checking up until this month to see what is available for withdrawal. each month I checked the full amount was available. I just put ...

I am ready to purchase my first home and want to take a 401k withdrawal vs. depleting my savings for the down payment and closing costs.  I don't want to do a 401k loan because I don't want another bill.  I have ran t...