Alright, so I have a seller finance deal in the queue...it 's a duplex...solid property...decent location...cash-flow is $191/month...10%CAP, 13%CoC, DCR 1.33. The deal would be a 84-month balloon, 10% down, 6% intere...
Is it ever a good option to pull from your 401k to make a down payment?
Dear BP Community, I am actively looking to purchase both units of a duplex, live in one unit and lease one unit (house hack). I found a property that I’m considering making an offer on, and I’m analyzing different ...
Which would be the more cost effective account in order to withdraw the most amount of money and be taxed the least for real estate withdrawals? Would it be a Roth IRA or individual brokerage account?
I ran across this study by some professors from Trinity University in San Antonio yesterday:Retirement Savings: Choosing a Withdrawal Rate That Is SustainableHow much is enough is a popular topic on BP since many peop...
I have a single member LLC (sole proprietor) and I'm wondering if I must pay taxes on an angel investment? I intend on withdrawing most if not all of the initial investment. Thanks!
The money I used to start the IRA was post-tax and the value of the IRA is less than what I invested. I was thinking of waiting for it to even out, or close to it, and re-invest the money somewhere else. Are there pen...
I recently left my job where I had a roth 401k (so my contributions were made after tax). Does anyone know if I am able to roll this account over into some kind of self-directed IRA where I can use the funds for re...
Hello everyone! I have been doing alot of research into this topic and I've found some valuable information so far. Basically I'm looking into getting into the whole rental property investment. A little about my situa...
Hello,I have money in my 401K. I am leaving my job and I am considering using 10K of my retirement towards a home purchase using the first time homebuyer provision. Can I move my money to a traditional IRA or a Roth ...