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...
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I currently have some capital to my name and am trying to reallocate my funds to start a real estate portfolio. I'm a one income household and am looking build a solid foundation for my family before I take on more r...
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https://www.marketwatch.com/story/coronavirus-stimulus-package-tax-relief-withdraw-100k-from-your-ira-and-repay-in-3-years-with-zero-tax-liability-2020-03-27?reflink=mw_share_email
Just read this article and might b...
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I am 30 years old with 75k in my IRA (not a current employer 401k program). Should I cash out what I can to purchase a multi unit investment property for buy and hold? Thanks.
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Life insurance coverage is considered a crucial foundation in any personal or household's financial planning. For many people and households, life insurance coverage is a very crucial method to secure their family in ...
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I’m starting to save for my first rental property and I’m wondering what type of account I should store my money and as I am accruing it to gain interest. Any thoughts?
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Hello Bp,
I would like some feedback on this creative financing I am trying to do.
I have done 2 successful flips and also have one 1 buy and hold.
Now that I have a little skin in the game I’d like to ask my dad ...
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To get started in real estate investing, I am creating an LLC. In order to start, I will need to give my "LLC" self some money from my "personal" self for down payments, rehab costs, etc. I would like to eventually ...
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Hello BP'ers,
Long time BP stalker, first time poster. A while back I read a forum thread named something like, "I have $40,000 and don't know where to start" that caught my interest because I am in a similar...
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Hey Everybody,
Let's say I have a proof of funds letter for $100,000 and I make 20 offers on REO's at extremely low prices only expecting to hear something back about 1 property or even none of them and I hear back f...