Ellie Narie
Can self-employed without two years of income qualify for FHA?
Let's say the individual just graduated from professional school, and started their own practice/business. They are a contractor and receive a 1099 form. Do they have to wait two years before being able to qualify for...
Demetrius Potts
Can't close on property until I return to civilian occupation
I am currently deployed out of the country and have been working diligently to find my first investment property (I had already planed to utilize deployment money for this very moment). I found an area, and propertie...
Jessica Prunk
What to do first...
I hope my subject line doesn't deter responses, but I felt it was the most appropriate. I was laid off from my job a few weeks ago and have been trying to come up with ideas about how to use this time off between jobs...
Irwin Velez
how to remove money from you job 401K?
Hi guys,
i'm looking for an advise in how to remove money from my 401k in order to invest in a property. it is possible to remove money with out getting hit with fees? if i have an LLC can i transfer the money to the...
Andrew Daigle
Rollover 401k into SDIRA and House Hack?
How can I use an SDIRA to invest in a property that I or my business is able to use? My assumption is this is not an option. Any other ways to look at this problem and fund real estate investment that I can use from a...
Neil S.
401(k)aos for Early Financial Freedom
Today I finished the book 401(k)aos by Andy Tanner. I will be graduating college and starting a full time job in the spring of 2018, and with that brings starting a retirement plan with a potential employer. I underst...
Tom R.
Just got my first applicant through turbo tenant
I'm trying to rent out my first investment property and I decided to go with turbo tenant to advertise and screen my tenants because it sounded easy. I had heard that they also do rent collections but it turns out the...
Dan Krupa
Retirement accounts as collateral
Question for the smart masses. I am catching up on podcast and I listened to episode 55 featuring @Jimmy Moncrief. He stated you could use a retirement account as collateral for an unsecured loan. Does anyone know an...
Emmett Gorman
Taxes for Rental Income
This year, I purchased my first three rental properties, have a question about the taxes on that income.With this new source of income, do I need to be contributing to the taxes due throughout the year similar to how...
Mike S.
Mega back door with multiple 401k
Regarding the non deductible amount that you can contribute to a 401k, is the amount limited by your earned income in the sponsoring business or the total of your earned income?
Lets say that you earn 100k in busin...