I'll be seeing a few potential private money lenders in the next few days and will be discussing the prospects of using a SDIRA to create a mutually beneficial arrangement.
Can someone give me a general idea as to t...
Hello BP enthusiasts...My first two flips were successful, but like most, raising capital is a challenge. For our next two flips (both under contract)-- advisable to use Hard Money or my old (separated from employer)...
I Have roughly 80k in a retirement fund from a former employer. I would like to use this money to fund my real estate purchases. I was wondering what is my best option for this? Do I move it to another type of accoun...
Hey there BP family! I was wondering if anyone has any experience/knowledge in how to roll a 401k into real estate. We are not interested in borrowing against it. We simply want to unload it and take control of our mo...
Hi all, 4 people (Myself, my girlfriend, girlfriend's sister and her boyfriend) just completed a flip that will go up for sale this week. Do you have any guidance on how taxes would work in this situation?My girlfrien...
I'm looking to combine my own as well as my sister's retirement funds to invest in real estate via a solo 401k under my name. She is fine with us combining funds and investing under a single entity belonging to me. Th...
Do you use them? If so who do you use? Had bad experiences? If so why? I haven't done much research yet, but I am really wanting to take the leap. Tips, hints, suggestions, stories are appreciated!
Hi,I have a question specific to Massachusetts law. I just renewed lease for my tenants and with increased rent, I asked them for difference in security deposit. Per Massachusetts law landlords are allowed to take 1 m...
Investment Info:
Single-family residence private money loan investment in Enid.
Cash invested: $27,600
Contributors:
Matt Mesick
UPDATE: (10/02/2022): Borrower has defaulted on the loan a...
Hi BP,I recently switched employers, and am getting setup with the employer provided 401k custodian (Fidelity). My goal is to take advantage of the % match my employer offers and roll it over to a self directed IRA, o...