Retirement Plan.I used to have a 401k. That was before I lost my job. My search for another job landed me in another country, working as a contract employee through a third party. I got interested in real estate becau...
Hi fellow BP members!
I'm considering buying a duplex mid-next year within the 400-500k price range to begin my house hacking journey. I'm aware of FHAs being 3.5% down payment compared to 5-20% for conventional, wit...
So my old job withdraw my 401k and send me a check. What happens after that like will I get penalized upcoming tax season or can I put that money towards my new job 401k??? Please help.
I have been contemplating using money from my IRA to fund an LLC and get started in multi family. I know I'll be taxed and pay penalty for early withdrawal, But I feel I can make up that money plus more with REI. I ju...
Hey all!Super new to BP but I've been scouring the site for info about using retirement funds to invest, and their overall value compared to REI. The amount of knowledge is overwhelming, but I'm hanging in there.My 40...
I found a property near my home that is in a decent area. I live in an area where cash flow is fairly easy to come by but appreciation is low. The deal consists of two buildings on one parcel of land: a triplex and ...
My wife and I have always wanted to get involved in real estate and have recently really begun studying on how to make it happen. We have 2 kids and are trying to create more free time spend with them. Through all th...
Hi all,I have a decent amount of money saved in my retirement. I am looking to finance my first owner occupied house. I will get settled in it and immediately pursue other opportunities while I house-hack. My question...
Has anyone cashed out their 401k to try and get a greater return on their money and use the proceeds to invest in RE? I have contemplated doing this.
If you are an investor who is looking to "cash out" of one or more of your real estate investments but concerned about the tax impact of realizing capital gains from highly appreciated and/or depreciated assets, I may...